FINANCED
J.P. Morgan Provides $367.8M Loan For East Coast Logistics Portfolio
Cushman & Wakefield brokers loan on a logistics portfolio for $367,830,000
Industrial
3 SF
3 SF
Summary
Loan
NEW JERSEY
Industrial
3 sqft
The East Coast Logistics Portfolio, a 3,034,000 square-foot industrial property, has recently undergone a closed transaction.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $367,830,000
- Address: East Coast Logistics Portfolio
- Market: New Jersey, Pennsylvania, Maryland, New York City, Philadelphia, Baltimore & Washington, D.C
This deal was financed by J.P. Morgan, who provided a loan amount of $367,830,000. The landlord for the property is Ares Management Real Estate. Cushman & Wakefield, represented by John Alascio, Alex Hernandez, Alex Lapidus, Chuck Kohaut, T.J. Sullivan, and Jason Blankfein, acted as the brokers in this transaction.
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Details
FINANCED
IMAGE: John Alascio, Alex Hernandez, Alex Lapidus, T.J. Sullivan, Chuck Kohaut & Jason Blankfein
DATE: 07/18/2022
ADDRESS: East Coast Logistics Portfolio
MARKET: New Jersey, Pennsylvania, Maryland, New York City, Philadelphia, Baltimore & Washington, D.C
ASSET TYPE: Industrial ~ SF: 3,034,000
LENDER: J.P. Morgan
LANDLORD: Ares Management Real Estate
BROKERS: John Alascio, Alex Hernandez, Alex Lapidus, Chuck Kohaut, T.J. Sullivan & Jason Blankfein - Cushman & Wakefield
LOAN AMOUNT: $367,830,000View on map
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AddressCushman & Wakefield brokers loan on a logistics portfolio for $367,830,000
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