Cushman & Wakefield Secures $300M Financing for Linden Logistics Center
Cushman & Wakefield has successfully arranged $300 million in fixed-rate permanent financing for three key buildings—300, 400, and 700—at the Linden Logistics Center in Linden, New Jersey. The industrial complex, encompassing a total of 1,579,989 square feet, is a joint venture of Advance Realty Investors and Greek Real Estate Partners. The financing transaction was led by Cushman & Wakefield professionals John Alascio, Alex Hernandez, Chuck Kohaut, TJ Sullivan, and Mitch Rothstein.
“This transaction highlights the robust demand for Class A industrial space in the Port of New York and New Jersey region,” said John Alascio of Cushman & Wakefield. “Linden Logistics Center’s strategic location and state-of-the-art facilities make it a critical hub for logistics and distribution, offering unparalleled access to major transportation networks and a vast consumer base.”
Recently completed, the Class A industrial portfolio is already 94% leased to high-profile tenants, including Samsung Electronics America, Vanguard Logistics, Fabuwood Cabinetry, and OCM Globe. The properties feature top-tier specifications such as 40-foot clear heights, cross-docked and front-loaded configurations, and ample parking for both vehicles and trucks.
Linden Logistics Center continues to play a significant role in serving the ever-growing demand for premium industrial facilities in the densely populated and logistically vital New Jersey market.
