The funding, provided by Wells Fargo, will facilitate the build-out of Buildings A and F at Logan North Industrial Park, which will measure 164,112 square feet and 326,937 square feet, respectively.

The 1.25-acre asset, which sold for $2.5 million, provides excellent access to an area that is in significant demand.

The event marked the next phase in the Red Bank-based developer’s plans to deliver more than 50,000 square feet of Class-A space in Monmouth County.

The asset is further bolstered by strong market fundamentals driven by a thriving e-commerce and logistics sector.

Lincoln Equities Group will use the funds to construct a 360,000-square-foot Class A industrial facility in the heart of the Meadowlands industrial market.

World Distribution Services, a leading provider of creative warehouse logistics solutions with a focus on retail distribution, transloading, and international and domestic warehouse storage, signed the complex's first lease to occupy the newly finished Building E.

The 3-acre last-mile land sale zoned for industrial use attracted strong buyer interest.

A Canadian-based company offering freight delivery services throughout North America signed on for 486,812 square feet at the strategic Northeast corridor location in Burlington where it will reach approximately 50% of the country’s population within a one-day truck drive.

Simex purchased the 44,362-square-foot asset, which features 16-foot to 20-foot high ceilings, two loading docks,14,000 square feet of office space, 3,600 amps of electric power and 82 surface parking spaces.

The asset totals 807,845 square feet between three buildings on 16.2 acres that are currently 87% occupied by 18 tenants.

ePost Global Inc. signed on for 41,256 square feet of industrial space in the heart of The Meadowlands Industrial Market.

US Eastern System will occupy the entirety of the well-positioned asset in the heart of New Jersey's industrial corridor.