Jones Lang LaSalle Incorporated Hampshire secures 39M for warehouse acquisition in the Meadowlands MarketScreener

MORRISTOWN, N.J. – April 4, 2023 – JLL Capital Markets announced today that it has arranged $39 million in acquisition financing for 333 North Street, a warehouse and distribution facility totaling 221,448 square feet in Teterboro, New Jersey. JLL worked on behalf of the borrower, a joint venture between The Hampshire Companies and Invesco Real Estate, a global real estate investment manager, in securing the fixed-rate loan with Nationwide. The property is fully leased to Fashion Logistics, a leading third-party logistics provider specializing in warehouse management, distribution and supply chain management services for the lifestyle and fashion industries. The building…