The 11-building Summit Associates industrial portfolio totals 947,058 square feet. The 11-building Summit Associates industrial portfolio totals 947,058 square feet.

EDISON, NJ—Locally-based Summit Associates has secured permanent financing for its fully-leased 11-building industrial portfolio totaling more than 947,000 square feet of space here.

The financing was announced by JLL Capital Markets, which worked on the deal on behalf of Summit to place eight uncrossed, fixed-rate loans with terms of 10, 12 and 15 years with a correspondent life insurance company.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.