facebook
Traded Co logo
Submit

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

Property Image
FINANCED
$15,500,000

New Jersey

See Similar Deals
Industrial126,105 SF
Financed 09/19/2025
the dealplayerscompscontact
Property Image
FINANCED

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

1 Apollo Drive

See Similar Deals
Industrial126,105 SF
Financed 09/19/2025
Contact now

Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$122
Total Square Footage:126,105 SF
Transaction Type:Loan

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.

Players

Kathy Anderson
55 deals$922.6M volume(732) 720-6301
BROKER

Caillin Boles
Cushman & Wakefield
44 deals$520.3M volume(732) 720-6308
BROKER

Cushman & Wakefield
BROKERAGE

Details

FINANCED
IMAGE: Kathy Anderson & Caillin Boles DATE: 09/19/2025 ADDRESS: 1 Apollo Drive MARKET: Whippany ASSET TYPE: Industrial ~ SF: 126,105 LANDLORD: Sal Frassetto - Saddleback Real Estate Developers; Roy Pascal & Spencer Pascal - Commerce Park Investors (@CommerceParkInvestors) LANDLORD'S REP: Kathy Anderson (@Money.Girl.Kathy) & Caillin Boles (@CBoles21) - EDSF Group (@EDSF_TriState) - Cushman & Wakefield (@CushWake) LOAN AMOUNT: $15,500,000 LOAN TYPE: Refinance LOAN TERMS: 5.75% Interest Rate, 5-Year Fixed

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$15,500,000.00

Monthly NOI$103,333.33
Monthly Debt Service$97,970.54
Change in Cash Flow$0.00
Refinance Proceeds$0.00