Jones Lang LaSalle Inc.
04/22/2026 | Press release | Archived content
JLL arranges construction financing for 483K-SF industrial business park in Sunnyvale, Texas
DALLAS, Apr. 22, 2026 - JLL Capital Markets announced today it arranged construction financing for Clay Road Business Park, a three-building, 483,128-square-foot industrial development in Sunnyvale, located approximately 14 miles east of downtown Dallas.
JLL worked on behalf of the borrower, CapRock Partners, to secure a floating-rate, 3.5-year loan with two one-year extension options through a regional bank.
The to-be-built project will comprise three Class A industrial buildings measuring 124,140 square feet, 155,802 square feet and 203,186 square feet, each designed to accommodate two-three tenants. The property features clear heights ranging from 32 to 36 feet, 81 dock-high doors, six grade-level doors, 67 trailer spaces and 517 automobile parking spaces.
All three buildings will be positioned just half a mile from US-80 and four miles from Interstate 635, providing efficient connectivity throughout the Dallas-Fort Worth metroplex. The property sits within the East Dallas/Mesquite industrial submarket, and the site is approximately 36 miles from Dallas/Fort Worth International Airport, a major cargo hub, and 20 miles from Dallas Love Field Airport. Its proximity to the Union Pacific Dallas Intermodal Terminal, located approximately 20 miles southwest, enhances the property's appeal for businesses requiring multimodal transportation options.
Construction is expected to begin in April 2026, with delivery anticipated in March 2027.
The JLL Capital Markets team representing the borrower included Senior Managing Director Greg Brown, Managing Director Greg Napper, Senior Director Peter Thompson, Associate Kyle White and Senior Analyst Nick Englhard.
JLL's Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL's newsroom.
About JLL
JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of December 31, 2025. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.
About Caprock Partners
Founded in 2009 in Newport Beach, Calif., CapRock Partners is a privately owned investor and developer of industrial real estate in the Western and Central United States. The company specializes in acquiring middle-market value-add industrial assets, developing large-scale institutional-quality Class A industrial warehouse facilities in key locations, and providing third-party asset management services for institutional investors. The firm is actively acquiring land for development and middle market value-add assets across the Western and Central U.S. Since inception, its total investment and development pipeline exceeds 35 million square feet of industrial real estate. Follow the company on Facebook, LinkedIn, X and Instagram.
Jones Lang LaSalle Inc. published this content on April 22, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 24, 2026 at 15:42 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]