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Corbett Donato Of The Donato Group Secures $22.8M Loan For Industrial Campus In Wall Township

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FINANCED
$22,800,000
Max Custer
Michael Klein
+ 1

New Jersey

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Industrial189,836 SF
Financed 06/03/2025
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FINANCED

Corbett Donato Of The Donato Group Secures $22.8M Loan For Industrial Campus In Wall Township

1800 New Jersey Highway 34

See Similar Deals
Industrial189,836 SF
Financed 06/03/2025
Max Custer
Michael Klein
+ 1
Contact now

Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$120
Total Square Footage:189,836 SF
Transaction Type:Loan

The property asset involved is a fully leased, four-building light industrial campus located at 1800 Route 34 in Wall Township, covering a total of 189,836 square feet on 11 acres. The investment is valued with a loan amount of $22,800,000 provided for a fixed-term of 10 years.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $22,800,000
  • Address: 1800 Route 34
  • Market: Wall Township
  • Asset Size: 189,836 SF
  • Acres: 11
  • Lender: Grant Street Funding
  • Landlord: Corbett Donato - The Donato Group
  • Brokers: Christian Badalamenti, Max Custer, Michael Klein & Ryan Carroll - JLL
  • Loan Terms: 10 year, fixed-rate

The Donato Group secured financing through JLL Capital Markets, utilizing the loan to support operations at the industrial campus which accommodates tenants from various industries. The arrangement was facilitated via Grant Street Funding, emphasizing the collaborative nature of the transaction.

Players

Michael Klein
77 deals$2.6B volume(973) 549-2005
BROKER

Max Custer
JLL
36 deals$790M volume
BROKER

Ryan Carroll
JLL
25 deals$936.9M volume
BROKER

Christian Badalamenti
JLL
9 deals$188.3M volume
BROKER

Grant Street Funding
LENDER

Details

FINANCED
IMAGE: Christian Badalamenti, Max Custer, Michael Klein & Ryan Carroll DATE: 06/03/2025 ADDRESS: 1800 Route 34 MARKET: Wall Township ASSET TYPE: Industrial ~ SF: 189,836 ~ ACRES: 11 LENDER: Grant Street Funding LANDLORD: Corbett Donato - The Donato Group BROKERS: Christian Badalamenti (@CBadalamenti), Max Custer (@GeneralCusta), Michael Klein & Ryan Carroll - JLL (@JLL) LOAN AMOUNT: $22,800,000 LOAN TERMS: 10 year, fixed-rate NOTE: The Donato Group secured $22.8M in fixed-rate financing for its fully leased, four-building, 189,836 SF light industrial campus at 1800 Route 34 in Wall Township. JLL Capital Markets arranged the 10-year loan through Grant Street Funding for the property, which spans 11 acres and serves tenants across multiple industries.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$22,800,000.00

Monthly NOI$152,000.00
Monthly Debt Service$144,111.51
Change in Cash Flow$0.00
Refinance Proceeds$0.00