Industrial
C&W: Saxum, Penwood ink $19.6 million construction loan for Parsippany warehouse project
A joint venture has scored a $19.6 million construction loan for a more than 128,000-square-foot industrial project in Parsippany, brokers with Cushman & Wakefield said Thursday.
IDI buys vacant office site in Somerset, plans 213,000 sq. ft. warehouse project
IDI Logistics has revealed plans to build more than 200,000 square feet of new industrial space along Interstate 287 after acquiring a vacant office park in the Somerset section of Franklin.
Velocity leases 36,000 sq. ft. in three new deals at Gloucester County industrial property
Velocity Venture Partners has added three tenants at a Gloucester County industrial building, leaving just one space available at the roughly 68,000-square-foot facility.
Secaucus industrial owner lands $111 million loan for 800,000 sq. ft. portfolio, Wilcox says
The owner of more than 800,000 square feet of industrial space in northern New Jersey has secured $110.5 million in permanent financing, in a deal arranged by G.S. Wilcox & Co.
New tenant at Harrison industrial complex takes 214,000 sq. ft., Blau & Berg says
A private occupier has leased more than 214,000 square feet of industrial space at a well-known property in Harrison, in a newly announced deal by The Blau & Berg Co.
