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UNION, N.J. — Locally based financial intermediary G.S. Wilcox & Co. has arranged a $7 million loan for the refinancing of a 38,247-square-foot shopping center in Northern New Jersey. The unnamed center is located on a 2.4-acre site along one of the area’s major retail corridors. Wesley Wilcox and David Fryer of G.S. Wilcox arranged the five-year loan, which carries a fixed interest rate and a 30-year amortization schedule, through a correspondent life insurance company lender on behalf of the undisclosed borrower.