New Jersey, October 23, 2025
Madison Realty Capital has secured a significant financing deal, providing a $654 million mortgage and mezzanine loan for the Central 9 Logistics Park located in New Jersey. This funding is aimed at supporting a major industrial expansion that is crucial in meeting the rising demands of the e-commerce sector. The project is expected to enhance the logistics capabilities in the region, allowing businesses to adapt to the growing need for efficient supply chain operations.
Old Bridge, New Jersey – Madison Realty Capital has finalized a $654 million mortgage and mezzanine loan to 2020 Acquisitions, a local development firm, aimed at refinancing and completing parts of the Central 9 Logistics Park. This project, an extensive industrial campus comprising nine buildings and covering 4.1 million square feet, is located in Old Bridge, New Jersey. The funds will specifically refinance five buildings in Phase 1 and finance construction and lease costs for two additional buildings in Phase 2.
The Central 9 Logistics Park is strategically situated off Route 9, allowing direct access to key logistics routes including the Garden State Parkway, New Jersey Turnpike, and I-287. This favorable location gives tenants easy proximity to significant transport hubs such as Port Newark, Port Elizabeth, Newark Airport, and New York City, embedding the park in one of North America’s largest industrial markets. The area features a strong transportation network and a large labor pool for warehousing, making it a desirable locale for logistics and distribution operations.
The park’s development is planned in three phases. Phase 1 has already seen the completion of five industrial buildings totaling about 2.1 million square feet. In Phase 2, plans are in place for two further buildings, while Phase 3 will see the addition of the final two. The buildings range in size from 192,000 to 818,000 square feet, accommodating diverse tenant requirements.
Madison Realty Capital’s involvement emphasizes the company’s dedication to fostering industrial projects in markets constrained by supply yet rich in strong fundamentals. The Central 9 Logistics Park reflects this initiative, catering to a rising demand for logistics and e-commerce services in the region.
Frequently Asked Questions (FAQ)
What is the Central 9 Logistics Park?
The Central 9 Logistics Park is a nine-building, 4.1 million square foot industrial campus located in Old Bridge, New Jersey. It is undergoing a three-phased development process to provide modern logistics and distribution facilities.
Who is financing the development of the Central 9 Logistics Park?
Madison Realty Capital has provided a $654 million mortgage and mezzanine loan to 2020 Acquisitions, a New Jersey-based development firm, to refinance and complete a portion of the Central 9 Logistics Park.
What is the strategic significance of the park’s location?
The park is strategically located directly off Route 9, offering convenient access to major logistics arteries including the Garden State Parkway, New Jersey Turnpike, and I-287. This prime location provides tenants with proximity to Port Newark, Port Elizabeth, Newark Airport, and New York City, positioning the park within one of North America’s largest industrial markets.
What are the phases of the Central 9 Logistics Park development?
The industrial park is undergoing a three-phased development process. Phase 1 includes five completed industrial buildings totaling approximately 2.1 million square feet. Phase 2 plans for two additional buildings, while Phase 3 will complete the park with the final two buildings. The finished buildings range from 192,000 to 818,000 square feet, catering to a variety of tenant needs.
How does Madison Realty Capital support industrial projects?
Madison Realty Capital’s financing underscores the firm’s commitment to supporting industrial projects in supply-constrained markets with strong fundamentals. The Central 9 Logistics Park exemplifies this approach, offering a multi-building industrial campus in a region experiencing high demand for e-commerce and third-party logistics services.
Key Features of the Central 9 Logistics Park
| Feature | Details |
|---|---|
| Total Square Footage | 4.1 million square feet |
| Number of Buildings | 9 buildings |
| Location | Old Bridge, New Jersey |
| Development Phases | 3 phases |
| Phase 1 Completion | 5 buildings totaling approximately 2.1 million square feet |
| Phase 2 and 3 Details | 2 additional buildings in Phase 2; final 2 buildings in Phase 3 |
| Building Sizes | 192,000 to 818,000 square feet |
| Strategic Location | Direct access to Route 9, Garden State Parkway, New Jersey Turnpike, and I-287; proximity to Port Newark, Port Elizabeth, Newark Airport, and New York City |
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Author: NEW JERSEY STAFF WRITER
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