(To read more on the debt and equity markets, click here.)<pSECAUCUS, NJ-Locally based Hartz Mountain Industries has obtained a total of $11 million in financing for two industrial buildings totaling nearly 247,000 sf. The 10-year, fixed rate loans were secured for Hartz through State Farm Insurance Co. by Thomas Didio, senior managing director in the Florham Park, NJ office of Holliday Fenoglio Fowler.

In the larger of the two loans, $8.5 million is secured by 200 Seaview Dr., a 200,285-sf, single-story building here. Located off Meadowlands Parkway within Hartz’s Harmon Cove business park, the building is 100% occupied by such tenants as UNICEF and Micro Bio-Medics. The proceeds of the loan will be used to refinance an existing loan.

The proceeds of a $2.5 million loan will similarly be used to refinance an existing loan on Hartz’s 1801 Tonnelle Ave. in North Bergen, NJ. The 46,429-sf building, completed in 1990, is currently fully occupied by the Chamberlin Group.

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