G.S. Wilcox Arranges $30.5M Construction Loan for Northern New Jersey Industrial Project

by Taylor Williams

MIDDLESEX COUNTY, N.J. — Locally based financial intermediary G.S. Wilcox has arranged a $30.5 million construction loan for a 152,000-square-foot, speculative industrial project in Northern New Jersey. The exact location was not disclosed, but the site is situated in Middlesex County within 20 miles of the Port of Newark/Elizabeth. Building features will include a clear height of 36 feet, 22 dock doors and excess car and trailer parking space. Bridget Wilcox and Albert Raymond of G.S. Wilcox arranged the financing through an undisclosed, West Coast-based bank. The borrower also requested anonymity.

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