JLL secures $66 million for acquisition of a 531,916 s/f office campus - loan placed through Brookline Bank

July 10, 2020 - Financial Digest

Marlborough, MA JLL Capital Markets has arranged $66 million debt and equity financing for The Campus at Marlborough, a premier, four-building office campus totaling 531,916 s/f.

Greatland Realty Partners and Breed’s Hill Capital engaged JLL to advise them on their joint venture partnership and to secure the seven-year, fixed-rate acquisition loan through Brookline Bank.

The JLL Capital Markets team representing the borrower was led by senior managing director Lauren O’Neil and directors Andrew Gray and Henry Schaffer.

“Greatland and Breed’s Hill were determined in their efforts to get this deal over the goal line, despite the challenges presented by the COVID public health crisis” said O’Neil. “All parties involved were dedicated to the successful outcome and it is that kind of teamwork and perseverance that gets transactions done in a market like this.”

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