New Jersey, October 23, 2025
A significant $654 million deal has been secured for an industrial park in New Jersey, reflecting rising investor confidence amidst the state’s burgeoning logistics sector. As construction remains on schedule, the project underscores the robust demand for logistics and industrial properties in the region, propelled by its strategic location and infrastructure. This development is anticipated to further enhance New Jersey’s reputation as a key player in the logistics market.
Old Bridge, New Jersey
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, a nine-building, 4.1 million square foot industrial campus located in Old Bridge, New Jersey. The financing will be used to refinance five buildings in Phase 1 of the development and cover construction and leasing costs for two buildings in Phase 2 of the development. The industrial park is undergoing a three-phased development process as demand grows in Northern and Central New Jersey’s competitive industrial market.
Project Overview
The Central 9 Logistics Park is a nine-building, 4.1 million square foot industrial campus located in Old Bridge, New Jersey. The financing will be used to refinance five buildings in Phase 1 of the development and cover construction and leasing costs for two buildings in Phase 2 of the development. The industrial park is undergoing a three-phased development process.
Strategic Location
Located directly off Route 9, the property is positioned between key logistics arteries including the Garden State Parkway, New Jersey Turnpike, and I-287, offering convenient access to Port Newark, Port Elizabeth, Newark Airport, and New York City. Tenants will benefit from proximity to one of North America’s largest industrial markets, direct access to the densest consumer population in the U.S., a robust transportation network, and the largest warehouse labor pool in the country.
Market Demand
Northern and Central New Jersey remain among the country’s most competitive industrial markets, driven by e-commerce and 3PL demand against limited new supply.
Financing Details
The financing demonstrates Madison’s ability to provide flexible capital solutions at scale across all development stages.
About Madison Realty Capital
Madison Realty Capital is a vertically integrated private equity firm focused on US-based commercial real estate private credit strategies. As of June 30, 2025, the firm, including its controlled affiliates (collectively, “Madison”), manages $23 billion in assets on behalf of a global institutional investor base. Since 2004, Madison has completed $70 billion of securities and non-securities real estate transactions largely through direct lending to a wide range of borrowers, acquiring non-performing loans and making preferred equity investments. Madison Realty Capital seeks to deliver value across every phase of the property lifecycle by providing customized financing solutions and strong underwriting capabilities that meet borrowers’ unique needs with speed and certainty of execution.
About 2020 Acquisitions
2020 Acquisitions is a New Jersey-based development firm specializing in industrial real estate projects.
About NAMREKCA Capital
NAMREKCA Capital is a real estate capital advisory firm that arranged the transaction.
About the Industrial Market in New Jersey
Northern and Central New Jersey remain among the country’s most competitive industrial markets, driven by e-commerce and 3PL demand against limited new supply.
Key Features of Central 9 Logistics Park
| Feature | Details |
|---|---|
| Project Size | 4.1 million square feet |
| Number of Buildings | 9 |
| Total Financing | $654 million |
| Location | Old Bridge, New Jersey |
| Market Demand | High demand in e-commerce and 3PL services |
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.
How much financing did Madison Realty Capital provide?
Madison Realty Capital provided a $654 million mortgage and mezzanine loan.
What will the financing be used for?
The financing will be used to refinance five buildings in Phase 1 and cover construction and leasing costs for two buildings in Phase 2.
Where is the Central 9 Logistics Park located?
It is located directly off Route 9 in Old Bridge, New Jersey, between key logistics arteries including the Garden State Parkway, New Jersey Turnpike, and I-287.
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Author: NEW JERSEY STAFF WRITER
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