Facebook Twitter LinkedIn Google Plus RSS

Deals and Moves: July 13

By ,

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.

Write to the Editorial Department at editorial@njbiz.com

Leave a Comment


Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy


Subscribe to Our Newsletters!
Click Here to Subscribe for Free Now!