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.
Saxum Real Estate and Penwood Real Estate Investment Management LLC are expanding their partnership with a newly announced, 166,000-square-foot industrial project in Pennsylvania.
Another vacant office building in Parsippany is set to come down as part of a joint venture’s plan to construct a new 128,000-square-foot speculative warehouse just north of Route 10.
