Stonemont announces plans for 300K-sq.-ft. Passaic industrial building
According to Stonemont Financial Group, just 10% of industrial inventory in North Jersey is considered Class A development. With its latest acquisi...
According to Stonemont Financial Group, just 10% of industrial inventory in North Jersey is considered Class A development. With its latest acquisition, the Atlanta-based real estate investment firm is seeking to expand offerings in the asset class. Last week, Stonemont announced it acquired land for a 295,506-square-foot speculative industrial development that is slated for delivery in Passaic in the second quarter of 2024. Located at 122 8th St., the forthcoming Stonemont Passaic Logistics Center is located just off of Route 21 and 3 miles from Route 3.