G.S. Wilcox Arranges $110.5M Loan for Refinancing of Northern New Jersey Industrial Portfolio

by Taylor Williams

MORRISTOWN, N.J. — Locally based financial intermediary G.S. Wilcox & Co. has arranged a $110.5 million loan for the refinancing of a portfolio of five industrial buildings totaling approximately 800,000 square feet in Northern New Jersey. The names and addresses of the buildings were not disclosed. Gretchen Wilcox and Al Raymond of G.S. Wilcox arranged the seven-year, fixed-rate loan through an undisclosed life insurance company. The borrower was also not named. The portfolio was 97 percent leased at the time of the loan closing.

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