JLL arranges acquisition financing for Union, New Jersey industrial outdoor storage site
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JLL• JLL arranges financing for Ridgecut Road purchase
JLL arranged acquisition financing for Ridgecut Road’s purchase of , a 5-acre industrial outdoor storage property in Union, New Jersey.
1200 Springfield Road
The loan was secured through a regional bank. The transaction includes a short-term sale-leaseback intended to provide immediate cash flow.
The asset includes an 18,500-square-foot maintenance facility and is located near the Garden State Parkway, Route 22 and Interstate 78.
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JLL arranges acquisition financing for Union, New Jersey industrial outdoor storage site - JLL News | Rallies