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ISSUE HIGHLIGHTS Volume 37, Issue 11 November 2025
Rockpoint acquires property from Equus Capital Partners for $142M Cushman & Wakefield arranges sale, financing of 1M s/f Richmond ind. portfolio
PHILADELPHIA, PA — JLL Capital Markets an- nounced the sale of an 11-build- ing industrial portfolio totaling 893,625 s/f located between Exits 2 and 14 of the NJ Tpke. JLL represented the institu- tional seller in the sale to EQT Real Estate . The portfolio consists of eleven fully leased industrial assets totaling 893,625 s/f and presented an investor with the opportunity to acquire a critical mass of infill industrial product. The properties are Cushman & Wakefield’s Industrial Advisory Group (IAG) Mid-Atlantic Sales team of Jonathan Carpenter, Graham Savage, Dawes Milchling and James Check, alongside Eric Robison and Bo McKown of Cushman & Wakefield affiliate Thalhimer, represented Equus in the sale. The firm’s Equity, Debt & Structured Finance (EDSF) team, including John Alascio, ICHMOND, VA — Cushman & Wake- field announced that it arranged the sale and fi- nancing of Eastport Indus- trial Park (“Eastport”), an eight-building, 1,068,995 s/f class A industrial portfolio in Richmond, VA. Rockpoint , a real estate private equity firm, acquired the property from Equus Capital Partners (Equus) for $142 million. R
quality of the assets and the growing interest from institu- tional investors in the Rich- mond marketplace.” Alascio added, “We are proud to have worked alongside our IAG partners to represent Rockpoint in securing acquisi- tion financing for this indus - trial portfolio. Our process yielded over a dozen financing bids, including multiple op- tions for a larger aggregation credit facility, underscoring the continued hypercompeti- tive debt market for infill industrial opportunities on be- half of institutional sponsors.” Located near I-95 and Rich- mond International Airport, Eastport features eight modern warehouse and logistics build- ings with 25-foot clear heights and 182 loading positions. The property was 97% leased to 19 tenants at closing. MAREJ
LENDERS DIRECTORY
3-10
PETKA SUCCEEDS SAWKA AS BANCROFT CONSTRUCTION’S PRESIDENT & CEO
Eastport Industrial Park
in Richmond, VA, one of the tightest and best-performing industrial markets on East Coast,” said Carpenter. “Our marketing efforts produced more than 15 offers for the portfolio, a testament to the
TJ Sullivan, Chris Meloni and Michael Zelin arranged acquisition financing through a global alternative investment firm on behalf of Rockpoint. “Eastport represents a best- in-class industrial portfolio
Greg Sawka Mike Petka
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JLL Capital Markets arranges the sale of the New Jersey value-add industrial portfolio
CONFERENCES NJ Healthcare & Medical Properties Conference January 15, 2025 NJ CRE Forecast Conference February 2025 SNJ CRE Forecast Conference March 2025 For speaking & sponsorship info., please contact: Lea at 781-740-2900 or lea@marejournal.com
Directory
Lenders Directory......................................................3-10 Southern NJ Chapter of The Appraisal Institute...........8-9 DelMarVa Featuring Maryland................................11-14 CIRC Organization........................................................14 New Jersey Featuring Central NJ.............................15-23 Pennsylvania Featuring Central PA..........................24-27 Owners, Developers & Managers............................28-37 People on the Move................................................38-39 CRE Organization’s Events Calendar..............................40 www.marej.com
11-building industrial portfolio spanning in-fill locations along the NJ Turnpike corridor trades hands
located in highly concentrated industrial pockets, offering ac- cess to the population centers of Philadelphia and NYC, as well as the unparalleled distribution
infrastructure across NJ. The JLL Investment Sales and Advisory team was led by senior managing director John Plower , senior director Ryan
Cottone and Managing direc- tors Nicholas Stefans and Jason Lundy . The portfolio is fully leased to a diverse tenant roster. MAREJ
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