WPT Capital Advisors secures financing for 130 Interstate Boulevard acquisition
United States, Jan. 7 -- JLL Capital Markets announced it has arranged acquisition financing for the purchase of 130 Interstate Boulevard, a 603,092-square-foot Class A industrial facility strategically located in Monroe Township, New Jersey.JLL worked on behalf of the borrower, WPT Capital Advisors, to secure a floating rate loan through PGIM Real Estate.130 Interstate Boulevard represents a compelling value-add opportunity featuring a modern distribution facility constructed in 1999 and expanded in 2014. The fully leased property boasts exceptional functional specifications including 28-foot to 32-foot clear heights, 66 loading doors, two drive-in doors, 83 trailer parking spaces and 243 car parking spaces across two buildings totaling 60...
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