Thorofare Capital Provides $28.5M Construction Loan For Freehold Industrial Property

A construction loan for the industrial property located at 500 Halls Mill Road in Freehold has been secured for $28,500,000. The property has a total size of 206,881 square feet, making it a significant asset in the market.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $28,500,000
• Address: 500 Halls Mill Road
• Market: Freehold
• Lender: Thorofare Capital - David Perlman, Jacob Yi & Paul Hachigian
• Landlord: Treetop Companies - Azi Mandel & Adam Mermelstein
• Brokers: John Alascio, TJ Sullivan, Chuck Kohaut & Meredith Donovan - Cushman & Wakefield

Leading the financing for this project is Thorofare Capital, represented by David Perlman, Jacob Yi, and Paul Hachigian. Treetop Companies, with Azi Mandel and Adam Mermelstein at the helm, serves as the landlord for this property. Cushman & Wakefield, through brokers John Alascio, TJ Sullivan, Chuck Kohaut, and Meredith Donovan, facilitated the transaction.