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7.65M in financing acquired for industrial portfolio in Logan Township

Jessica Perry//April 16, 2018

7.65M in financing acquired for industrial portfolio in Logan Township

Jessica Perry//April 16, 2018

Holliday Fenoglio Fowler has acquired almost $7.65 million in financing for a three-building industrial portfolio totaling 193,379 square feet in Logan Township, Gloucester County.Holliday Fenoglio Fowler has acquired almost $7.65 million in financing for a three-building industrial portfolio totaling 193,379 square feet in Logan Township, Gloucester County.

All three light industrial facilities were completed between 1975 and 1977 and have between 13.4- and 21-foot clear heights along with a total of 44 dock doors, eight drive-in doors and an average office finish of 20 percent. 

The HFF debt team worked on behalf of Foxfield Industrial, a joint venture between Novaya Real Estate Ventures and Foxfield Ventures, to arrange the first mortgage financing.

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