JLL arranges $718.2 million refinancing for Equus’ Phoenix industrial portfolio

JLL arranged $718.2 million today to refinance Equus Capital Partners' Project Pegasus industrial portfolio in Phoenix. The portfolio comprises 52 properties totaling 5.2 million square feet; it was 92% leased at closing. The five-year, floating-rate financing package was secured for affiliates of Equus Capital Partners. A $527.1 million SASB execution has Morgan Stanley as lead left and Bank of America as right lead. Bank of America holds the remaining $191.1 million balance sheet loan. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jones Lang LaSalle Inc. published the original content used to generate this news brief on October 14, 2026, and is solely responsible for the information contained therein. (C)