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Thrivent Financial for Lutherans provides

G.S. Wilcox & Co. secures $27.2 million financing for New Jersey industrial portfolio


Central NJ — G.S. Wilcox & Co. has secured $27.2 million in financing for a three building industrial portfolio located in Central New Jersey. The 410,000 s/f portfolio consisted of two recently constructed warehouse distribution properties and one existing facility located along the I-287 corridor. The loan was fixed at a rate of 4% for 20 years, with a 30 year amortization and was arranged by Gretchen S. Wilcox, president, Al Raymond, principal and Wesley Wilcox, senior associate. Thrivent Financial for Lutherans, one of the firm’s correspondent lenders, provided the financing.“G.S. Wilcox & Co.’s long standing relationship with Thrivent Financial allowed us to fix such a low rate over an extended term for a repeat borrower of the firm’s.”


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