JLL Secures $66.8 Million Refinancing for South Florida Gateway Industrial Project in Stuart

JLL Capital Markets recently facilitated a $66.8 million refinancing loan for the South Florida Gateway industrial development, located at 2400-2450 Southwest Gateway Place in Stuart, Florida. The loan was secured on behalf of the borrowers, Orlando-based Foundry Commercial and San Francisco-based Stockbridge Capital Group. The lender for this transaction was not disclosed.

South Florida Gateway is a substantial industrial complex spanning 987,184 square feet across two newly completed buildings on nearly 65 acres. Building One offers 285,510 square feet of rear-load warehouse space with 32-foot clear heights, 60 dock doors, and two drive-in ramps. Building Two, a larger cross-dock distribution facility, encompasses 701,674 square feet, featuring 36-foot clear heights, 120 dock doors, and four drive-in ramps. This refinancing provides crucial capital for the recently delivered industrial asset, underscoring continued investor confidence in large-scale logistics and distribution properties in the South Florida market.