Brookfield Provides $107.4M Acquisition & Construction Loan For Industrial Property In Bayonne

42 Military Ocean Terminal in Bayonne has been acquired through an acquisition and construction loan. The industrial property spans 332,640 square feet and sits on 45.4 acres.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $107,400,000
• Address: 42 Military Ocean Terminal, Bayonne
• Market: Bayonne
• Loan Type: Acquisition & Construction

The loan for the acquisition and construction of 42 Military Ocean Terminal was provided by brookfield''>Brookfield. The property is owned by Lincoln Equities Group and PCCP. The deal was facilitated by brokers John Alascio, Chuck Kohaut, T.J. Sullivan, Zachary Kraft, Gary Gabriel, and Kyle Schmidt from Cushman & Wakefield.