On October 15, 2025, JLL’s Capital Markets Group announced that it had arranged a $1.2 billion refinancing package for NorthPark Center, a Class A++ super‑regional shopping center in Dallas, Texas. The loan was led by Wells Fargo and included Morgan Stanley and Goldman Sachs as co‑lenders. The refinancing will retire the existing mortgage and use excess proceeds to redeem the equity interests in the property, returning full ownership to the Nasher/Haemisegger family.
NorthPark Center spans 1.9 million square feet and hosts more than 190 tenants, 75 of which are market exclusives. Its anchors include Neiman Marcus, Nordstrom, Macy’s, Dillard’s, Eataly and a 15‑screen AMC theater. The center enjoys a 98.6% occupancy rate and is recognized as one of the top five shopping destinations in the United States, underscoring its strong performance metrics and high asset quality.
The refinancing transaction highlights JLL’s continued strength in securing large‑scale debt solutions for premier retail assets. It reinforces the firm’s position as a global provider of capital solutions and demonstrates its ability to deliver complex financing to high‑profile clients. The deal is a significant financing event that adds to JLL’s portfolio of successful capital market transactions.
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