Cushman & Wakefield Secures $300M Financing for Linden Logistics Center
Cushman & Wakefield has successfully arranged $300 million in fixed-rate permanent financing for three buildings—300, 400, and 700—at the Linden Logistics Center in Linden, New Jersey. Representing Advance Realty Investors and Greek Real Estate Partners, the Cushman & Wakefield team included 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.”
The newly completed Linden Logistics Center spans nearly 1.6 million square feet and features modern, Class A industrial facilities. The properties are currently 94% leased to notable tenants such as Samsung Electronics America, Vanguard Logistics, Fabuwood Cabinetry, and OCM Globe. Key features of the buildings include 40-foot clear heights, both cross-docked and front-loaded configurations, and abundant parking.
This strategic financing reinforces the center’s role in supporting major logistics and distribution operations in the region.