Distribution center financing, retail site ownership, wave energy development.
The Florham Park office of commercial real estate firm Holliday Fenoglio Fowler L.P. announced Thursday that it has arranged $41.15 million in construction financing and joint-venture equity on behalf of industrial developer JG Petrucci Co. Inc., in Clinton, to develop a 570,100-square-foot distribution center in Edison.
Real estate management firm Advance Realty, in Bedminster, announced Thursday that its joint-venture partnership with Structure Tone Equities has taken ownership of a 132,733-square-foot retail site in East Windsor Township.
Wave energy technology developer Ocean Power Technologies Inc., in Pennington, announced Wednesday that it has formed a partnership with security and aerospace technology manufacturer Lockheed Martin Corp., in Bethesda, Md., to develop a 19-megawatt wave-energy project in Australia.
Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.View Comment Policy