East Hanover, NJ
Our client purchased the 150,000 sf office and medical research campus formerly occupied by TEVA Pharmaceuticals. As TEVA relocated personnel and released buildings back to our client, Progress Capital secured permanent financing based on newly secured tenants. Many of the buildings are state-of-the art clean laboratories and are now home to Students2Science, a non-profit science, technology, engineering and math (STEM) educational program and Viscot Medical, a private, veteran-owned medical supply company.
Progress Capital is a commercial real estate advisory company serving clients since 1990. With over $40 Billion in closed loans and $150 Million of directly funded bridge loans, we will get you to the closing table… Plain and Simple. #thatsProgress