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Creation, J.P. Morgan Land $64 Million Loan for Industrial Project Near Newark Airport

Joint Venture Has Pre-Leased Building to Barsan Global Logistics
McClellan One is one of three major projects that Creation has undertaken in the Tri-State region. (Creation)
McClellan One is one of three major projects that Creation has undertaken in the Tri-State region. (Creation)
CoStar News
April 10, 2024 | 4:06 P.M.

Developer Creation and J.P. Morgan Asset Management have secured a $64 million construction loan to kick off a new industrial facility near Newark Liberty International Airport that has been pre-leased to a tenant.

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