HFF sets up $7.7M in financing for industrial acquisition

By Eric Strauss
Logan Township | Apr 16, 2018 at 11:30 am

Holliday Fenoglio Fowler L.P. has arranged $7.65 million in acquisition financing for a three-building industrial portfolio in Logan Township, the firm said Monday.

The properties, totaling 193,379 square feet, were acquired by Foxfield Industrial, a joint venture of Novaya Real Estate Ventures and Foxfield Ventures, HFF said.

The portfolio includes light industrial buildings at:

  • 1 Killdeer Court, 103,241 square feet;
  • 614 Heron Drive, 46,888 square feet;
  • 603 Heron Drive, 43,251 square feet.

The HFF debt team included Michael Pagniucci, director, as well as Doug Rodio, senior managing director.

Eric Strauss | estrauss@roi-nj.com | acerimrat