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G.S. Wilcox completes financing for industrial portfolio

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G.S. Wilcox & Co. recently announced it has completed a $56 million financing agreement for an industrial portfolio in South Brunswick, Moonachie and Teterboro.

Financing was provided by Thrivent Financial for Lutherans at a fixed rate of 3.25 percent over 12 years, and will be split among six industrial properties.

“G.S. Wilcox & Co.’s longstanding relationship with Thrivent Financial allowed us to lock in such an incredible rate for a repeat client of the firm,” Gretchen S. Wilcox, the firm’s president, said in a prepared statement. Wilcox and Principal Al Raymond arranged the deal with Thrivent Financial for Lutherans.

G.S. Wilcox & Co. is the only female-founded commercial real estate mortgage banking firm in the country.

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Mario Marroquin

Mario Marroquin

Mario Marroquin covers real estate. A native of El Salvador, Mario is bilingual in English and Spanish. He graduated from Penn State University and worked in Pennsylvania before moving to New Jersey. His email is mariom@njbiz.com.

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