JLL Arranges $86.2M Loan for Bridge Industrial’s Bayonne Warehouse

Reuters02-12 22:52

JLL Arranges $86.2M Loan for Bridge Industrial’s Bayonne Warehouse

Jones Lang LaSalle Inc. $(JLL)$ has arranged an $86.2 million bridge loan for Bridge Point Bayonne, a newly constructed Class A warehouse and distribution facility located in Bayonne, New Jersey. The financing was secured on behalf of Bridge Industrial, with Barings providing the floating-rate loan. The 355,580-square-foot facility, completed in October 2024, is a state-of-the-art property featuring modern amenities and is positioned as a premier distribution center in the northern New Jersey submarket.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jones Lang LaSalle Inc. published the original content used to generate this news brief on February 12, 2026, and is solely responsible for the information contained therein.

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