MORRISTOWN, N.J., Jan. 7, 2026 – JLL Capital Markets announced today it has arranged acquisition financing for the purchase of 130 Interstate Boulevard, a 603,092-square-foot Class A industrial facility strategically located in Monroe Township, New Jersey.
JLL worked on behalf of the borrower, WPT Capital Advisors, to secure a floating rate loan through PGIM Real Estate.
130 Interstate Boulevard represents a compelling value-add opportunity featuring a modern distribution facility constructed in 1999 and expanded in 2014. The fully leased property boasts exceptional functional specifications including 28-foot to 32-foot clear heights, 66 loading doors, two drive-in doors, 83 trailer parking spaces and 243 car parking spaces across two buildings totaling 603,092 square feet.
130 Interstate Boulevard enjoys a premier location within the Exit 8A industrial submarket, offering unparalleled connectivity to major transportation infrastructure. The property provides direct access to Interstate 95 within one mile and convenient proximity to Newark Liberty International Airport at 30 miles and the Port of New York and New Jersey at 24 miles. This strategic positioning enables tenants to efficiently serve both the New York City and Philadelphia metropolitan markets while benefiting from reduced distribution costs.
The JLL Capital Markets team was led by Senior Managing Director Jim Cadranell, Director Ryan Carroll and Analyst Caleb Henry.
"130 Interstate Boulevard represented a tremendous opportunity to lend to a best-in-class sponsor on a Class A property in one of New Jersey's premier industrial locations," said Cadranell. "When you combine below-market rents with exceptional Exit 8A fundamentals and WPT's proven track record, it's the kind of value-add opportunity that creates a very competitive lending environment."
JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
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About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About WPT Capital Advisors
WPT Capital Advisors, LLC (“WPT”) is a real estate development and investment management firm focused on the U.S. industrial warehouse and distribution sector. WPT operates a fully integrated management platform with a long history in all facets of industrial real estate, investing across diverse strategies through both public and private investment vehicles. Headquartered in Minneapolis, MN with offices in California, Colorado and New Jersey, WPT currently manages approximately US$3 billion of assets on behalf of various global investment partners.
About PGIM Real Estate
With US$212 billion in gross assets under management and administration1, PGIM Real Estate provides investors and borrowers access to a range of real estate equity, real estate debt, agriculture, and impact solutions across the risk-return spectrum. PGIM Real Estate is a business of PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU). PGIM Real Estate’s risk management approach, execution capabilities and industry insights are backed by a 50-year legacy of investing in commercial real estate, a 140-year history of real estate financing3, and the local experience of professionals in 32 cities globally. Through its investment, financing, asset management and talent management approach, PGIM Real Estate engages in practices that strive to ignite positive environmental and social impact, while pursuing activities that seek to strengthen communities around the world. For more information visit pgimrealestate.com.
1As of 30 Sept. 2024; net AUM is US$137 billion and AUA is US$47 billion.