Capital One Provides $14M Refinance Loan For Industrial Property In Lincoln Park, NJ

Located at 510 Ryerson Rd in Lincoln Park, NJ, this industrial property spans 148,000 square feet. The transaction, which took place on January 3, 2022, involved a loan of $14,000,000 for refinancing purposes. The lender, Capital One, was represented by Katie Kennedy, while the landlord, The STRO Companies, was represented by Jack Shulman.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $14,000,000
• Address: 510 Ryerson Rd, Lincoln Park, NJ
• Market: Lincoln Park, NJ
• Lender: Capital One - Katie Kennedy
• Landlord: The STRO Companies - Jack Shulman

It is important to note that The STRO Companies, represented by Jack Shulman, is actively seeking warehouse-distribution properties in North NJ, Charlotte NC, Raleigh-Durham NC, Jacksonville FL, and South FL (Miami/Palm Beach). They are interested in all-cash transactions with quick due diligence and closing. Opportunities can be sent to [email protected].