PGIM Real Estate has closed more than $129 million in financing to the developer of a new 1.2 million-square-foot industrial property in Cinnaminson, the company announced Monday.
The developers of the seven-building, 4.1 million-square-foot Linden Logistics Center are getting high marks for the project’s focus on sustainability and energy efficiency.
Longpoint Partners LP has secured nearly $64 million in financing for its purchase of more than 448,000 square feet of shallow-bay industrial space in Totowa.
PGIM Real Estate has provided nearly $41 million in financing to a developer that plans to revitalize a 321-unit affordable housing property in Camden, the lender announced.
Saxum Real Estate is marking a banner year after investing in a series of cold storage, industrial and multifamily assets and projects with a combined value of more than $1 billion.
Saxum Real Estate has recapitalized a six-property, 1.5 million-square-foot portfolio of cold storage buildings under a newly completed partnership with a national investment firm.
A fast-growing cabinet maker has leased nearly 200,000 square feet at Linden Logistics Center, the new 4.1 million-square-foot industrial park in Linden developed by Advance Realty Investors, Greek Real Estate Partners and PGIM Real Estate.
A joint venture has secured a $180 million construction loan for what will be a two-building, 1.7 million-square-foot industrial park just off the Delaware Memorial Bridge in Salem County.
