PGIM lends $103 million for Pennsauken industrial portfolio deal

PGIM Real Estate has provided $103 million in fixed-rate financing to the buyer of more than 1 million square feet of industrial space in Pennsauken.

Wharton-led venture sells 1.3 million sq. ft. Pennsauken industrial portfolio for $195 million

Wharton Industrial and Walton Street Capital have sold a 1.3 million-square-foot industrial portfolio in Pennsauken for nearly $195 million, the firms announced Thursday.

Wharton Industrial, institutional partner buy 190,000 sq. ft. Pennsauken warehouse

Wharton Industrial has acquired a nearly 190,000-square-foot warehouse in Camden County, in one of two newly announced deals by the real estate investment firm.

JLL sources $22 million acquisition loan for South Jersey, Pennsylvania light industrial deal

The new owner of more than 250,000 square feet of light industrial space in South Jersey and suburban Philadelphia has landed some $22 million in acquisition financing.

Wharton Industrial adds seven buildings in South Jersey, eastern Pennsylvania

An investment firm has expanded its portfolio by more than 450,000 square feet with the addition of seven industrial properties in southern New Jersey and eastern Pennsylvania.

JLL inks $9 million loan for light industrial buildings in Maple Shade, Cherry Hill

An investor has secured a nearly $9 million acquisition loan for a three-building light industrial portfolio in Burlington and Camden counties, according to brokers with JLL.

Besides e-commerce, what sectors or niches will drive industrial development in 2022?

Besides e-commerce, what sectors or niches will drive industrial development in 2022? We assembled a panel of industry experts to tackle this month’s question.

Investment firm adds head of acquisitions, associate for growing industrial platform

A real estate investment firm has made two new hires to support its growing industrial portfolio in New Jersey and the surrounding region.

Developer sells 1.2 million sq. ft. industrial portfolio in Pennsauken, Colliers says

The original developer of two large industrial parks in Camden County has sold the 32-building, 1.2 million-square-foot portfolio, in a newly completed transaction by Colliers International.