United States, Oct. 6 -- JLL Capital Markets announced it has secured $65.4 million in financing for Passaic Logistics Center, a 295,506-square-foot Class A industrial facility located at 122 8th St. in Passaic, New Jersey.JLL represented the borrower, which is a joint venture between PCCP, LLC and Stonemont Financial Group, to secure a bridge loan through TPG Real Estate Credit.The state-of-the-art logistics facility was completed in the fourth quarter of 2024 and features 40-foot clear heights, 40 dock-high doors, 55 trailer stalls, 167 car parking spaces and a 130-foot truck court. The property sits on a 17.7-acre site and was designed with the flexibility to accommodate single or multiple tenants during lease-up.Passaic Logistics Center...