Circle Squared Alternative Acquires Industrial Property In Carteret, New Jersey
03/14/2017
Founded in 2014, Circle Squared Alternative Investments, LLC is an SEC registered investment adviser with a principal place of business in the State of New Jersey. The company said it works “with a finite group of high net worth investors and family offices to find alternative market investments, primarily in private equity real estate deals."
According to company officials, the ”investment property provides an opportunity to develop into a Class-A industrial property in a market where new industrial product is limited. The project will be constructed on a six acre parcel of land which will be ground leased for a term of 50 years with two renewal options consisting of 20 and 25 years each.”
The preliminary cost of the projected is estimated to be in excess of $16 million, the companies acquiring the property reported. "Carteret has become the premiere location for logistics-oriented real estate in New York Metropolitan area. We are very excited to have the opportunity to be a part of the rebranding of this great community," said Jeffrey Sica, President & CIO, Circle Squared Alternative Investments.
Project Announcements
Kimberly-Clark Expands Aiken County, South Carolina, Distribution Operations
05/04/2025
Aerowerks Plans Gaffney, South Carolina, Manufacturing Operations
05/04/2025
Sweden-Based Troax Group Plans Portland, Tennessee, Manufacturing Operations
05/04/2025
Kimberly-Clark Corporation Plans Warren, Ohio, Manufacturing Operations
05/04/2025
Denmark-Based Novonesis Expands Salem, Virginia, Production Operations
05/04/2025
Polyvlies USA Expands Winston-Salem, North Carolina, Manufacturing Operations
05/04/2025
Most Read
-
Run a Job Task Analysis
Q4 2024
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
The Location Economics of Advanced Nuclear
Q1 2025
-
Why Workforce Readiness Can’t Wait
Q1 2025
-
Power, Policy, and Site Selection in 2025
Q1 2025
-
Is It Time to Start Planning for Quantum Data Centers?
Q1 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024