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CBRE secures $19.5M in financing for South Brunswick industrial

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2270 Route 130, South Brunswick.
2270 Route 130, South Brunswick. - ()

CBRE has arranged a $19.5 million loan for a nearly completed, 305,598-square-foot warehouse/industrial facility in South Brunswick.

The commercial real estate firm announced the 20-year term loan from Principal Real Estate Investors for 2270 Route 130 LLC on Friday.

James Gunning, Donna Falzarano and Kyle Saviano of the Debt and Structured Finance team at CBRE negotiated the loan.

According to CBRE, delivery company Lasership has leased the entire South Brunswick facility.

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Jessica Perry

Jessica Perry

Jessica is the Web Editor for NJBIZ. You can reach her at jperry@njbiz.com.

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