Akiva Drew Of Drew Capital Provides $16.7 Million Refinance For North Jersey Industrial Property

The asset involved in this transaction is an industrial property located in the North Jersey market, with a refinance loan amount of $16,700,000. This transaction highlights the refinancing aspect rather than a sale, indicating the property’s value and its operational significance in the industrial sector.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $16,700,000
• Loan Type: Refinance
• Broker: Akiva Drew - Drew Capital
• Date of Transaction: 05/19/2026

The deal was facilitated by Akiva Drew from Drew Capital, who represented the interests in securing the refinancing for the industrial asset. This transaction reflects the ongoing financial activities within the North Jersey market, aligning with broader market trends.