Cushman & Wakefield Arranges $115M Industrial Build-to-Suit Construction Loan in New Jersey
Cushman & Wakefield plc Ordinary Shares (CWK)
Last cushman & wakefield plc ordinary shares earnings: 2/27 04:09 pm
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Source: Business Wire
RUTHERFORD, N.J.--(BUSINESS WIRE)--Cushman & Wakefield (NYSE: CWK) announced that the real estate services firm served as the exclusive adviser to Lincoln Equities Group in the procurement of $115 million in industrial build-to-suit construction financing for Highland Cross, a 360,000-square-foot Class A industrial facility in Rutherford, New Jersey. The loan was provided by PCCP, LLC.A Cushman & Wakefield Equity, Debt & Structured Finance team of John Alascio, Chuck Kohaut, TJ Sullivan and Zachary Kraft represented the borrower.“Highland Cross presented lenders with a terrific opportunity to finance the construction of a state-of-the-art, fully pre-leased, Class A distribution center located in the heart of the Meadowlands industrial market,” said Alascio. “We experienced a competitive process and PCCP provided a seamless execution for our client at highly attractive terms.”“We are thrilled to close another loan through Cushman & Wakefield and to further expand our relationship w
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CWK
Earnings
- 2/20/24 - Beat
CWK
Sec Filings
- 4/16/24 - Form 4
- 4/9/24 - Form 8-K
- 4/5/24 - Form DEFA14A
- CWK's page on the SEC website