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The financing was originated by Square Mile Capital Management, LLC of New York City for the development of parcels EF and Q1, which will contain lab, office and retail space.
The 128,172-square-foot retail center is located in Philadelphia suburb of Mount Laurel, NJ on Route 38 West and is anchored by Aldi, Planet Fitness and Dollar Tree.
Completed in 2017 as a spec development, the class-A industrial facility located in DuPage County will include more than 330,000 square feet of warehouse space, in addition to 40,000 square feet of temperature-controlled space and 8,500 square feet for corporate offices.
The property at 985 Route 17 is accessible from Routes 57, 80, and 206 and paired with its zoning made it an ideal acquisition for the new buyer, who plans on leasing the space on a per-acre basis for small and larger companies that require storage for heavy and light equipment.
The law firm has signed a 12-year lease deal with building owner The S. Hekemian Group of Edgewood, NJ at the 52,000-square-foot mixed-use office and retail building.
Located at the northeast corner of Grant Line and Chrisman roads in San Joaquin County, this multi-building project will total 1.13 million square feet of office and warehouse space.