$27M Financing Secured For Massive Piscataway Warehouse Along I-287
A 147,620-square-foot warehouse in Central Jersey has secured $27.1 million in bridge financing.
The deal was announced Tuesday, Nov. 18, by according to JLL Capital Markets. JLL said it arranged the financing for Bridge Point Piscataway, a Class A warehouse at 10 Constitution Ave., in Piscataway.
JLL worked on behalf of the borrower, Bridge Industrial, and secured the loan through PPM America, Inc., the firm said.
The facility includes 36-foot clear ceiling heights, 41 dock-high doors, two drive-in doors, 118 car parking spaces, 57 trailer stalls, and 3,000 square feet of office spac…
Small Earthquake Shakes Bedminster Area Late Friday Night, USGS Says
A small earthquake struck just west of Bedminster late Friday night, Nov. 21, according to the U.S. Geological Survey (UGSG).
The magnitude 1.8 quake hit at 11:22 p.m. EST, about 5 kilometers west of Bedminster, at a depth of 4.8 kilometers, the USGS reports.
Residents in Califon and Long Valley submitted the most responses, with more than 30 people in each town saying they felt the shaking. Smaller numbers of reports also came from Whitehouse Station, Gladstone, Mendham, and Annandale, all rated at Intensity Level III, which is described as weak shaking that may be felt indoors but does no…
