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Posted: January 24, 2017
Wilcox, Fryer and Raymond of G.S. Wilcox complete two transactions: $12.85 million total
Totowa, NJ According to G.S. Wilcox & Co., it has completed $12.85 million in financing in two transactions. The financing was arranged by Gretchen Wilcox, president, and the firm’s two principals, David Fryer and Al Raymond.
A $7 million loan that was secured by a 252,000 s/f former manufacturing facility which will be converted into a 383,000 s/f single tenant warehouse distribution facility. The property was financed by Provident Bank with G.S. Wilcox representing the Hampshire Cos.
For the second transaction, G.S. Wilcox arranged $5.85 million in financing for an office call center facility in Bethlehem, Pa. The company represented J.G. Petrucci Co. with Thrivent Financial providing financing.
G.S. Wilcox & Co., located in Morristown, NJ, is a full service mortgage banking firm which originates and services commercial real estate mortgage loans. Founded in 1994, the firm has serviced clients for over 22 years.
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