Procida Funding has completed its sale of a well-known industrial complex and redevelopment site in Paterson, in a deal arranged by Investment Property Realty Group.
The site of a planned 127-unit loft-style multifamily project in Paterson is on the market for sale, providing what brokers say is a shovel-ready opportunity with major financial advantages.
A development team led by Procida Funding has unveiled plans to create nearly 130 new apartments at the site of a historic mill complex near Paterson’s Great Falls.
