A warehouse property in Secaucus, one of two Hartz Mountain Industries buildings that were recently financed in deals arranged by G.S. Wilcox & Co.
By Joshua Burd
G.S. Wilcox & Co. has arranged $24.7 million in financing across two transactions for Hartz Mountain Industries, the Morristown-based mortgage banking firm announced.
In a news release, Wilcox said the transactions were secured by two warehouse properties in Hanover and Secaucus, totaling 363,000 square feet with a combined 40 loading docks and 24-foot-plus ceiling heights. The firm, which did not disclose the addresses of the properties, secured the financing over a seven-year term from Thrivent Financial for Lutherans.
President Gretchen S. Wilcox and Principal Al Raymond handled the transaction.
“These transactions represent another successful financing in G.S. Wilcox’s relationship with both Hartz Mountain and Thrivent Financial,” Wilcox said in a prepared statement.