JLL Capital Markets arranged Credit Tenant Lease (CTL) financing for the development of a 200,000-square-foot, purpose-built laboratory and training facility for the Massachusetts State Police in Marlborough, MA. Senior managing director Brett Paulsrud and managing directors Andrew Gray and Michael George worked on behalf of the borrower, Greatland Realty Partners and its investment partners, to place the CTL loan directly into the private placement bond market through the co-book running efforts of JLL Securities, LLC and Mesirow Financial.

Construction of the Crime Laboratory is scheduled to begin imminently, with the opening planned for the first quarter of 2028. The new four-story facility will consolidate the current Maynard and Sudbury crime labs into a single location and is fully leased to the Commonwealth of Massachusetts through a 20-year, NNN lease.

The project is located about 30 miles west of Boston at 100 Martinangelo Drive in Marlborough, near major highways, including Interstates 90, 290 and 495. The 24-acre site was selected for its capacity to support new jobs and additional economic development the facility will bring to both the city and surrounding areas.

The U.S. Soccer Federation broke ground on the $200 million National Training Center (NTC) and Headquarters, which will be called the Arthur M. Blank U.S. Soccer National Training Center.

The former co-owner of Home Depot and current owner of the Atlanta Falcons, Blank donated $50 million to the project. The training center will span 200 acres and include more than a dozen soccer fields and over 100,000 square feet of indoor courts for all 27 U.S. Soccer National Teams, including Senior Women’s and Men’s, Youth and Extended National Teams. The facility will also include more than 200,000 square feet of high-performance facilities, locker rooms, meeting rooms and headquarters space for all U.S. Soccer employees and is expected to open in 2026. 

The location of the center will be in Trilith in Fayette County. The Town at Trilith is adjacent to Trilith Studios, a major film and television production studio in Fayette County. 

Bosa Development, a Vancouver-based development firm, has proposed new plans to transform parts of the Lake Washington shoreline in Renton.

Bosa unveiled its vision for a mixed-use waterfront campus that includes 23-story condominium towers with approximately 850 condominiums, reported the Puget Sound Business Journal. The project site is a 21-acre parcel positioned just south of the Seattle Seahawks’ Virginia Mason Athletic Center. Previous plans for the site envisioned six-story residential buildings comprising 692 units.

The firm has been meeting with Renton residents about the company’s plans. “Bosa Development hasn’t purchased the property yet but is seeking input from those closest to the site on some design schemes. At this stage, we are still gathering feedback from the community. As a courtesy to them, it’s too early to share anything,” Bursey told the Journal. Bosa is an active developer in the area with several projects underway in Seattle, Bellevue and the surrounding region.

On April 18, join multihousing’s leaders and dealmakers when they explore the most important topics facing the Phoenix and Scottsdale markets today. Register to attend and hear expert insights first-hand, network with the best in the industry, and sit in on discussions you won’t hear anywhere else. Connect Phoenix Multifamily & Single-Family Build-to-Rent on April 18 at the Westin Kierland Resort & Spa.