Kathy Anderson & Caillin Boles of Cushman & Wakefield Arrange $15.5M Loan for 1 Apollo Drive in Whippany

The asset involved in the transaction is an industrial property located at 1 Apollo Drive in Whippany, featuring a square footage of 126,105. The loan amount secured for this property is $15,500,000, classified as a refinance with terms including a 5.75% interest rate and a 5-year fixed duration.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $15,500,000
• Address: 1 Apollo Drive
• Market: Whippany
• Asset Size: 126,105 SF
• Loan Type: Refinance
• Loan Terms: 5.75% Interest Rate, 5-Year Fixed
• Landlord: Sal Frassetto - Saddleback Real Estate Developers; Roy Pascal & Spencer Pascal - Commerce Park Investors
• Landlord's Representative: Kathy Anderson & Caillin Boles - EDSF Group - Cushman & Wakefield

Key individuals involved in this deal include the landlords Sal Frassetto representing Saddleback Real Estate Developers, and Roy Pascal & Spencer Pascal from Commerce Park Investors. The landlord's representative in this transaction is Kathy Anderson and Caillin Boles from EDSF Group, affiliated with Cushman & Wakefield.