Real estate firm gets 44 million in financing

Eric Strauss//May 28, 2014

A Morristown-based commercial real estate capital firm has arranged more than $44 million in financing, it announced Wednesday.G.S. Wilcox & Co. worked out five loans and a refinancing, covering four warehouses and two industrial buildings around the state. The deals were arranged by G.S. Wilcox President Gretchen S. Wilcox and Principal Al Raymond.

Thrivent Financial for Lutherans made two of the loans, for 256,000- and 193,000-square-foot warehouses in South Brunswick, and refinanced the loan for a 134,000-square-foot industrial building in Edison. The loans totaled $16.25 million, with the refinancing covering another $9.35 million.

Great West Financial financed two loans totaling $17.15 million. These loans covered a 177,000-square-foot warehouse in South Brunswick and a 170,000-square-foot warehouse in Secaucus.

Finally, Advantus made a $2 million loan for an 86,000-square-foot industrial building in Totowa.

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