HFF announced Thursday that it has secured a $34.8 million acquisition financing for a 26-building industrial portfolio totaling 926,200 square feet in Fairfield and Little Falls.
According to the announcement, working on behalf of Morristown-based The Hampshire Companies, HFF placed the six-year, fixed-rate loan with Principal Real Estate Investors.
The portfolio is 96 percent leased to a diverse mixture of tenants with no single tenant occupying more than 7 percent of space, the announcement said.
The HFF team representing Hampshire was led by senior managing director Jon Mikula and director Michael Klein.
ALSO ON NJBIZ:
Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.View Comment Policy