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

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.