Triangle Equities Secures $20M Acquisition & Pre-development Loan For Crossings At Brick Church Station - Phase 1B In East Orange

533 Main St Phase 1B

$20,000,000

Building Size

—

Asset Type

Development Site

Closing

Nov 9, 2022

AI

The Crossings at Brick Church Station - Phase 1B, located at 533 Main St in East Orange, is a development site with a building square footage (BSF) of 518,195. Triangle Equities, led by Lester Petracca and Josh Weingarten, is the developer behind this project.

Summary of transaction details

Property Type: Development Site
Address: 533 Main St, East Orange
Market: East Orange
BSF: 518,195
Developer: Triangle Equities - Lester Petracca & Josh Weingarten

The lender for this transaction is CIT Bank. JLL, represented by Max Herzog, Geoff Goldstein, Matthew Pizzolato, and Jackie Ferrer, acted as the broker in this deal. The loan amount provided by CIT Bank for the acquisition and pre-development of the Crossings at Brick Church Station - Phase 1B is $20,000,000.

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