PCCP's Ryan Dodge Provides $115M Loan For Industrial Property In Rutherford, N.J

The Highland Cross property in Rutherford, N.J has been involved in a recent loan transaction. The asset, an industrial property, played a crucial role in this deal. The loan amount for this transaction was $115,000,000. The property spans over an area of 360,000 square feet.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $115,000,000
• Address: Highland Cross, Rutherford, N.J
• Lender: PCCP - Ryan Dodge
• Landlord: Lincoln Equities Group - Joel Bergstein
• Brokers: John Alascio, Chuck Kohaut, TJ Sullivan & Zachary Kraft - Cushman & Wakefield
• Tenant: Amazon

In this loan transaction, PCCP represented by Ryan Dodge acted as the lender. The property's landlord, Lincoln Equities Group, had Joel Bergstein representing their interests. Additionally, the deal involved brokers from Cushman & Wakefield, namely John Alascio, Chuck Kohaut, TJ Sullivan, and Zachary Kraft. Lastly, Amazon played a significant role as the tenant in this transaction.