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Linden Logistics Center Scores $300M Permanent Financing
Cushman & Wakefield served as the exclusive advisor to Advance Realty Investors and Greek Real Estate Partners in procuring $300 million in fixed-rate permanent financing for Buildings 300, 400 and 700 at Linden Logistics Center, an industrial complex totaling 1,579,989 square feet in Linden, NJ. Cushman & Wakefield’s John Alascio, Alex Hernandez, Chuck Kohaut, TJ Sullivan and Mitch Rothstein represented the borrowers.
“This transaction highlights the robust demand for Class A industrial space in the Port of New York and New Jersey region,” said Alascio. “Linden Logistics Center’s strategic location and state-of-the-art facilities make it a critical hub for logistics and distribution, offering unparalleled access to major transportation networks and a vast consumer base.”
Linden Logistics Center is a newly completed, Class A industrial portfolio that is 94% leased to prominent tenants including Samsung Electronics America, Vanguard Logistics, Fabuwood Cabinetry and OCM Globe. The properties feature 40-foot clear heights, cross-docked and front-loaded positions and ample parking.
- ◦Financing
