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PCCP, Stonemont land $64.5 million loan for Passaic, New Jersey, logistics center

JLL arranges financing for joint-venture landlords
The Passaic Logistics Center was completed in the fourth quarter last year. (JLL)
The Passaic Logistics Center was completed in the fourth quarter last year. (JLL)
CoStar News
October 6, 2025 | 9:25 P.M.

PCCP and Stonemont Financial Group have secured a $64.5 million loan for a nearly 300,000-square-foot industrial property in Passaic County, New Jersey.

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News | PCCP, Stonemont land $64.5 million loan for Passaic, New Jersey, logistics center