Aerial view of the properties inthe Somerset, NJ, portion of the industrial portfolio Ivy Realtyacquired
WARREN AND SOMERSET, NJ—Cushman &Wakefield arranged $41 million in acquisition financingfor Ivy Realty's purchase of a 768,244-square-footindustrial portfolio in Warren and Somerset, NJ. The financing wasprovided by BBVA Compass, which funded both theacquisition and future renovation and leasing related costs.
A Cushman & Wakefield Equity, Debt andStructured Finance team of John Alascio, SridharVankayala, and Zachary Kraft representedIvy Realty in the transaction.
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