Cohen Asset Management acquires Middlesex Logistics Center

Cohen Asset Management acquires Middlesex Logistics Center

Published at: 2018-12-07 14:00 | Author: CIJ USA
Cohen Asset Management has secured $41.5m in acquisition financing for a 507,000 sq ft warehouse and distribution center in Edison, New Jersey. Holliday Fenoglio Fowler worked on behalf of the borrower to place the 10-year, fixed-rate loan with Principal Real Estate Investors. Completed in 2014, Middlesex Logistics Center features 36-foot clear heights, 101 loading docks and parking for 190 cars and 135 trailers.

“We were thrilled to assist Cohen Asset Management in its acquisition of Middlesex Logistics Center,” said Jon Mikula, senior managing director of HFF. “Our history with the project goes back to 2014, and since then, industrial product like this in and around the Exit 10 submarket is in high demand.”
Robert McLean

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