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Debt & Equity

G.S. Wilcox closes $56M financing for NJ industrial portfolio

Photo by khrawlings/ Flickr
Photo by khrawlings/ Flickr

G.S. Wilcox & Co. completed $56 million in financing for a six-building industrial portfolio located in New Jersey.

The properties were located in South Brunswick, Moonachie, and Teterboro. The financing ,at a fixed rate of 3.25 percent over a 12-year term, was arranged by Gretchen S. Wilcox, President, and Al Raymond, Principal.

Thrivent Financial for Lutherans, one of the firm’s correspondent lenders, provided the financing.

“G.S. Wilcox & Co.’s long standing relationship with Thrivent Financial allowed us to lock in such an incredible rate for a repeat client of the firm,” Wilcox said in a prepared statement.

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