G.S. Wilcox & Co. Secures $7M in Financing for Industrial Park in Blackwood, New Jersey
Situated in Blackwood, N.J., the six-building park features 240,000 square feet of industrial-flex space.
BLACKWOOD, N.J. — G.S. Wilcox & Co. has arranged a $7 million loan for a six-building industrial-flex park in Blackwood. The loan is fixed for a seven-year term with a 25-year amortization. The 240,000-square-foot property is nearly 95 percent leased to more than 30 tenants. The financing was provided by Southern Farm Bureau Life Insurance Co. for the undisclosed borrower.