FX.co ★ JLL Raises Over $1.2 Bln In Construction Financing For 4 Data Centers In Northern Virginia

Jones Lang LaSalle Inc. (JLL) announced on Wednesday that it has successfully secured over $1.2 billion in construction financing to establish four hyperscale powered shell campuses located throughout Northern Virginia.

This significant financial move was made on behalf of BlackChamber Group, a vertically integrated data center developer and an SEC-registered investment adviser.

The planned data centers, with a combined capacity exceeding 740 megawatts, are designed to meet the growing needs of clients in the Cloud, AI, and Enterprise sectors.

At present, JLL's stock is trading at $255.40, marking a 6.22 percent increase on the New York Stock Exchange.