Lincoln Equities Group has procured $115 million in industrial build-to-suit construction financing for Highland Cross, a 360,000-square-foot, class A industrial facility in Rutherford, N.J.
Highland Cross is located in Rutherford in Bergen County at the crossroads of the New Jersey Turnpike (I-95) and NJ Routes 3 and 17. The facility will measure approximately 360,000 square feet and is 100 percent pre-leased to an investment-grade logistics tenant. Offering convenient access to New York City, the Port of NY/NJ and 18 million consumers within a one-hour drive, Highland Cross is optimally positioned, according to Lincoln Equities Group, to capitalize on the sustained growth in demand for last-mile industrial product proximate to consumers, labor and infrastructure.
