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IPRG: Buyer of historic Paterson mill complex eyes redevelopment after $6 million sale by Procida Funding – Real Estate NJ
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IPRG: Buyer of historic Paterson mill complex eyes redevelopment after $6 million sale by Procida Funding – Real Estate NJ
The Art Factory at 70 Spruce St. in Paterson — Courtesy: Investment Property Realty Group By Joshua Burd Procida Funding has completed its sale of a well-known industrial complex and redevelopment site in Paterson, in a deal arranged by Investment Property Realty Group. The buyer, which was not disclosed, paid $6 million for the 25-building, 230,922-square-foot property at 70 Spruce St. and now plans to pursue approvals for a mixed-use residenti…
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