Finance & Capital Markets
PCCP, Stonemont snag $65 million bridge loan for new 296,000 sq. ft. warehouse in Passaic

The developers of nearly 296,000 square feet of new industrial space in Passaic have secured a $65.4 million bridge loan for the project, brokers with JLL announced Monday.

Industrial
Stonemont delivers new 296,000 sq. ft. spec warehouse project in Passaic

Atlanta-based Stonemont Financial Group has completed construction on nearly 296,000 square feet of new industrial space off Route 21 in Passaic.

Industrial
Stonemont closes on Passaic parcel, plans 296,000 sq. ft. spec industrial development

Stonemont Financial Group has acquired some 20 acres in Passaic where it plans to build nearly 300,000 square feet of new high-end industrial space just off Route 21.