CWK - Cushman & Wakefield arranges $235M permanent financing for New Jersey logistics center

Cushman & Wakefield (NYSE:CWK), serving as advisor to Advance Realty Investors and Greek Development, arranges $235M permanent financing for Buildings E and G at Linden Logistics Center in Linden, New Jersey. The 10-year, fixed-rate loan was provided by Northwestern Mutual. Buildings E and G are class A facilities totaling over 1.32M sq. ft. "Currently we’re under construction with the second phase encompassing another 1.6M sq. ft. in 3 separate buildings and look forward to delivering this phase in Q3 of 2022,” said Advance Realty Investors CEO Peter Cocoziello.

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Cushman & Wakefield arranges $235M permanent financing for New Jersey logistics center