JLL secures construction financing for Class A industrial speculative development in Hanover, NJ
United States, Oct. 21 -- JLL Capital Markets announced it has secured construction financing for Marcus Partners' development of a new Class A industrial facility at 35 South Jefferson Road in Hanover Township, Morris County, New Jersey.JLL represented Marcus Partners in securing a four-year construction loan with a one-year extension option with Truist Bank.The to-be-constructed facility will span 72,000 square feet and feature premium industrial specifications, including 36-foot clear ceiling heights, 10 dock doors with the ability to expand to 18 loading positions, one drive-in door with potential for a second and 3,785 square feet of office space. The development will provide 90 employee parking spaces and eight trailer parking spaces ...
To read the full article or to get the complete feed from this publication, please
Contact Us.