Commercial Realty Group Secures $9 Million Loan From TruStage For Industrial Warehouse In Mount Olive

Commercial Realty Group secured a 10-year, fixed-rate loan from TruStage for a 160,999-square-foot industrial warehouse located at 700 Bartley Chester Road in Flanders, Mount Olive. The property is fully leased to Uncommon Logistics and benefits from its strategic location near key transportation hubs and the International Trade Center.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $9,000,000
• Loan Terms: 10-year, fixed-rate
• Lender: TruStage
• Landlord: Commercial Realty Group
• Brokers: Benjamin Morgenthal & Gregory Nalbandian - JLL

Benjamin Morgenthal and Gregory Nalbandian represented Commercial Realty Group in this transaction, highlighting their role in facilitating the financing of the industrial asset. The brokers played a crucial part in securing favorable loan terms for the landlord, contributing to the successful closure of the loan deal.