Outside the Region: Heiss of Largo secures $54.75 million in financing for two industrial buildings in N.J.

July 18, 2017 - Front Section

Wharton, NJ Kevin Heiss, managing director of Largo's Canadian operations, secured $54.75 million in financing for two industrial buildings. The subject totals over 1.5 million s/f and has been 100% occupied for the last ten years. It is close to Interstates 80 and 287 and offers efficient access to the surrounding commercial hubs. Heiss arranged a 10-year, fixed rate permanent first mortgage with five-years interest only, followed by a 30-year amortization.

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