JLL Secures $80.27 Million Financing for Acquisition of 613K SF Industrial Property in Bayonne, NJ

Reuters

30 Apr

JLL Secures $80.27 Million Financing for Acquisition of 613K SF Industrial Property in Bayonne, NJ

**JLL Secures $80.27M Financing for Bayonne Industrial Property** NEW YORK CITY, Apr. 28, 2025 - JLL Capital Markets has successfully arranged $80.27 million in acquisition financing for a significant industrial property at 169 Pulaski Street in Bayonne, New Jersey. The 17.9-acre site comprises three industrial buildings and 2.16 acres of outdoor storage, strategically located near the Global Container Terminal. The property, featuring 48 loading docks and parking for over 225 trailers, is currently 90% leased to Waitex Global International, which has been a tenant for over 21 years. JLL worked with Turnbridge Equities to secure the loan, facilitating a value-add business plan for the site.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jones Lang LaSalle Inc. published the original content used to generate this news brief on April 28, 2025, and is solely responsible for the information contained therein.

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