Brookfield Provides $107.4M Acquisition & Construction Loan For Industrial Property In Bayonne | 42 Military Ocean Terminal | Brookfield | TJ Sullivan, Chuck Kohaut, Zachary (Zach) Kraft, Kyle Schmidt, John Alascio, Gary Gabriel | Industrial | Loan

Summary

Loan

NEW JERSEY

Industrial

332,640 sqft

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.

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Players

All
8

Agents
6
Agencies
1
Lenders
1

TJ Sullivan

Associate Director

$188.3M Sold

Chuck Kohaut

Director, Equity, Debt, & Structured Finance

$188.3M Sold

$435M Sold

$977.8M Sold

Executive Managing Director

$206.3M Sold

Gary Gabriel

Vice Chair

$3.4B Sold

Details

Deal Summary

FINANCED

IMAGE: Chuck Kohaut, Zachary Kraft, Gary Gabriel, Kyle Schmidt, T.J. Sullivan & John Alascio DATE: 11/24/2021 ADDRESS: 42 Military Ocean Terminal MARKET: Bayonne ASSET TYPE: Industrial ~ SF: 332,640 ~ ACRES: 45.4 LENDER: Brookfield LANDLORD: Lincoln Equities Group & PCCP BROKERS: John Alascio, Chuck Kohaut, T.J. Sullivan, Zachary Kraft, Gary Gabriel & Kyle Schmidt - Cushman & Wakefield LOAN AMOUNT: $107,400,000 LOAN TYPE: Acquisition & Construction

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Address42 Military Ocean Terminal

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