JLL Arranges $34.5M Construction Loan For Industrial Project At 30 Cross Street, Bogota & Ridgefield Park, NJ

The property involved in this closed transaction is an industrial asset located at 30 Cross Street in Bogota & Ridgefield Park. The property spans a total area of 187,530 square feet and sits on 11.71 acres of land.

Summary of transaction details

• Property Type: Industrial
• Transaction Date: 04/06/2023
• Address: 30 Cross Street
• Market: Bogota & Ridgefield Park
• Size: 187,530 square feet
• Land Area: 11.71 acres

The landlords involved in this transaction are Invesco Real Estate and The Hampshire Companies. The brokers representing the deal are Michael Klein, John Rose, Jon Mikula, and Ryan Carroll from JLL.

A construction loan in the amount of $34,500,000 was secured for this property.