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Reynoldsburg and Dublin, Ohio — JLL Capital Markets has secured two loans totaling $43.6 million for the financing of shopping centers located in the Columbus suburbs of Ohio. DLC Management Corp. is the borrower. The properties include Taylor Square in Reynoldsburg and Tuttle Crossing in Dublin. Built in 2000 and renovated in 2023, Taylor Square totals 378,102 square feet. Walmart Supercenter anchors the 48.3-acre property. Other tenants at the center—which was 99.7 percent leased at the time of sale— include Marshalls, JOANN, Dollar Tree and Bath & Body Works. JLL secured the five-year, fixed-rate loan for $30 million through TriState Capital Bank for the property.

Built in 1996 and renovated in 2022, Tuttle Crossing is situated on 18.7 acres and totals 226,718 square feet. The property was 97.8 percent leased at the time of sale to tenants including Best Buy, Ashley Furniture, Macy’s Furniture Gallery, Cost Plus World Market and Ross Dress For Less. JLL secured the five-year loan for $13.65 million through Dollar Bank for the center.

Scott Aiese, Claudia Steeb and Alex Staikos of JLL arranged the loans on behalf of DLC.