Seagis 1.22 Million Sq. Ft Warehouse Portfolio Refinance
Sector: Warehouse • Location: Carlstadt, Lyndhurst, Carteret, North Brunswick, Doral, New Jersey, Florida, United States
Source: Real Estate NJ – The Voice of New Jersey Commercial Real Estate
Seagis Property Group secured $176 million in permanent financing for a portfolio of six industrial warehouse buildings totaling 1.22 million square feet located in New Jersey and Florida. The portfolio includes properties in Carlstadt, Lyndhurst, Carteret, and North Brunswick in New Jersey, and two properties in Doral, Florida. The financing was arranged by JLL and provided by Nationwide as an ei
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Original status | completed |
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Description
Description | Seagis Property Group secured $176 million in permanent financing for a portfolio of six industrial warehouse buildings totaling 1.22 million square feet located in New Jersey and Florida. The portfolio includes properties in Carlstadt, Lyndhurst, Carteret, and North Brunswick in New Jersey, and two properties in Doral, Florida. The financing was arranged by JLL and provided by Nationwide as an eight-year fixed-rate loan for a 96 percent leased portfolio. |
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Original Currency | USD |
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Data quality score | 100% |
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