JLL creates $157 million joint venture to develop bulk warehouse buildings in Minnesota
9 Aug 2021
JLL Capital Markets has arranged a $157.3 million joint venture equity partnership for the development of three high-quality bulk distribution and life sciences projects totaling 1.55 million square feet in Minneapolis-St. Paul and Raleigh-Durham, North Carolina.
JLL represented the developer, Oppidan, a national property development firm headquartered in Minneapolis, to arrange the partnership with Rockpoint Group.
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