In the largest of the transactions, the firm's David Fryer,working on behalf of developer Whitesell Construction Co. ofDelran, NJ, arranged a $13.2-million financing package coveringfour warehouse/flex buildings in Southern New Jersey totaling307,414 sf. The funding came from the Minneapolis-based ThriventFinancial for Lutherans. Of the total, $10.2 million has beencommitted for the first three buildings, and the remaining $3million will fund once the fourth building is actually completedand occupied.

"The properties were continuing in the lease-up at the time ofthe loan commitment," according to Fryer. "Thrivent Financial wasso comfortable with the Whitesell organization that they were ableto commit and close on the loan prior to stabilization."

In the second largest of the transactions, Gretchen Wilcox,president of the 10-year-old company that bears her name, arrangedfunding of $12.8 million for a 132,102-sf multi-tenant officebuilding on Sylvan Avenue in Englewood Cliffs, NJ. Financing forthe class A building was secured for the borrower, a localownership group, through GE Asset Management of Stamford, CT.

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