Ridgecut Road is bolstering its team, announcing several new hires to support its growing portfolio of industrial outdoor storage and low-coverage assets in and around New Jersey.
Ridgecut Road has acquired a nearly six-acre industrial service facility in Edison for $24.5 million, securing the property and financing in transactions arranged by JLL.
Ridgecut Road has secured acquisition financing for a roughly two-acre industrial outdoor storage property in Kenilworth, according to a debt placement team with CBRE.
See the full slideshow from our Nov. 13 seminar, where the players behind New Brunswick’s revitalization discussed the city’s most iconic projects and what’s still to come.
Ridgecut Road has recapitalized two industrial outdoor storage properties in the Interstate 287 corridor, in the latest sign of the subsector’s growing appeal to major investors.
Ridgecut Road has acquired and secured financing for a low-coverage industrial property in Fairfield, in a set of transactions arranged by JLL’s capital markets team.
Ridgecut Road has acquired a two-acre industrial service facility in East Brunswick, marking the latest addition to its fast-growing portfolio in the asset class.
Ridgecut Road has acquired a 5.8-acre industrial service and outdoor storage property in Lincoln Park, expanding its portfolio to a high-demand submarket in Morris County.
Ridgecut Road has purchased a 1.7-acre industrial outdoor storage parcel in Linden, with plans to attract a new tenant after upgrading a 17,000-square-foot building on the property.
