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.