Stocks
$17.35M Financing Secured for Westland Plaza Mixed-Use Center
JLL Capital Markets arranged $17.35 million in financing for Westland Plaza, a mixed-use retail and self-storage center in Hialeah, Florida.
The property features 50,000 square feet of retail space and a 60,000-square-foot self-storage facility, with notable tenants including Office Depot and Sherwin-Williams.
Volta Global secured the two-year floating-rate acquisition loan through Shelter Growth Capital Partners, according to JLL Capital Markets.
The Hialeah market continues to demonstrate strong fundamentals, with constrained supply meeting persistent tenant demand, said Director Joshua Odessky of JLL Capital Markets.