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JLL has arranged construction financing for Bridge Point South Plainfield, a Bridge Industrial warehouse project in New Jersey's Middlesex County

JLL Arranges Construction Loan on Bridge’s South Plainfield Warehouse 

JLL Capital Markets arranged a $25-million construction loan for Bridge Point South Plainfield, an under-construction, 189,059-square-foot, Class A warehouse and distribution facility in South Plainfield, NJ. The team of senior managing directors Jon Mikula and Michael Klein and VP Michael Lachs worked on behalf of the borrower, Bridge Industrial, to place the three-year, floating-rate, construction loan with Simmons Bank. 

Spanning 20.7 acres, the building site is at 602 New Market Ave. in South Plainfield, a suburban community 25 miles southwest of Manhattan with convenient access to regional highways and a deep labor pool. Bridge Point South Plainfield is within Middlesex County, which is the at the geographic center of the Boston/Washington Northeast corridor. 

“Given the continual demand for industrial space in New Jersey, submarkets within Middlesex County are providing opportunities to provide best-in-class last mile projects such as Bridge Point South Plainfield,” Mikula said. 

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JLL's Mikula

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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  • ◦Financing
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