Industrial

The NMTC loans included a $4-million allocation from Capital One Community Renewal Fund and a $10.5-million allocation from NJCC, which also provided Hugo Neu with a $2.5-million term loan.

A member of SIOR NJ since 2013 Vetter has played a vital role in expanding the chapter's profile by contributing to the broader community through its strong relationship with The Rutgers Center for Real Estate.

Rankin Distribution Center is located at 13800 North Freeway less than 2 miles from Houston's Beltway 8, 4 miles west of George Bush Intercontinental Airport, and a 20-minutes from downtown and The Woodlands.

The industrial market is well positioned to perform during a recession, even if consumer spending falls.

Last year was a record for the industrial developer, which focuses on challenged development sites.

East Belt Business Park had a tremendous amount of competitive investor interest because it has an operating history of consistent occupancy of approximately 90% and upside potential.

The portfolio consists of more than 1.9 million square feet of space across 11 of the 19 Chicago submarkets. Capital One provided the debt financing for the acquisition. Venture One will continue to manage the portfolio.

The firms secured a three-year, floating-rate loan with Wells Fargo Bank for Park 100 Logistics Center, a newly constructed 730,080-square-foot distribution facility and an adjacent 811,200-square-foot production facility that is under construction.