PCCP, LLC has granted a $60.8-million senior construction loan to Lincoln Equities Group for the development of a state-of-the-art industrial building in Hamilton, NJ. The property, located at 825 Sloan Ave., spans over 420,024 square feet and is expected to be completed by late 2025.
The site covers an expansive area of 48 acres and has all necessary permits for construction. It will feature a rear-load warehouse with impressive amenities such as clear heights of up to 40′, ample parking space with room for up to 566 cars and additional trailer parking spaces. The building also boasts convenient access through its multiple dock doors (84) and drive-in doors (2), along with office space spanning over an area of approximately10,000 square feet – making it suitable for both single or multiple users.
According to VP Lia Barsanti from PCCP,”We are confident that this loan presents us with an excellent opportunity as we partner with experienced developers on this prime location in the heart of Trenton’s industrial hub.”
Tenants at the new facility will have easy access via a four-way interchange directly off I-295 highway – one that connects them seamlessly throughout the region’s main roads. Its strategic positioning between New York City and Philadelphia makes it ideal for last-mile distribution while also catering well towards mid-mile deliveries.
