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.