JERSEY CITY, NJ—New York City-based developer INDUSTRY GO has secured a $48.25-million loan for the conversion of two warehouse buildings here into Class A film and television production studio space.
Columbia Pacific Advisors Bridge Lending provided the funding that will allow INDUSTRY GO to acquire 14-16 Burma Road and 150 Theodore Conrad Drive in Jersey City and convert them into 180,777 square feet of studio space.
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