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JLL Arranges $110M Permanent Loan for Newark Warehouse, Distribution Center

Newark-Warehouse

An undisclosed life insurance company provided the loan for the refinancing of this 850,000-square-foot warehouse in Newark.

NEWARK, N.J. — JLL has arranged a $110 million permanent loan for an 850,000-square-foot warehouse and distribution center in Newark. Thomas Didio, Thomas Didio Jr. and Ryan Carroll of JLL arranged the nonrecourse loan, which carried a fixed interest rate and a 15-year term, through a correspondent life insurance company. The borrower was not disclosed.

Content Partners
‣ Bohler
‣ Lee & Associates
‣ NAI Global
‣ Walker & Dunlop

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