U.S. Bank Provides $135M Loan For Mixed-Use Property At 17 Avenue At Port Imperial In West New York, NJ

17 Avenue at Port Imperial, West New York, NJ 07093

$135,000,000

$5,400/SF

Building Size

24,997 SF

Asset Type

Mixed-use

Closing

Jan 18, 2022

AI

The property involved in this closed transaction is a mixed-use asset located at 17 Avenue at Port Imperial in West New York, NJ. It spans a total of 24,997 square feet, offering a versatile space for various purposes.

Summary of transaction details

Property Type: Mixed-use
Transaction Amount: $135,000,000
Date: 01/18/2022
Address: 17 Avenue at Port Imperial
Market: West New York, NJ
Lender: U.S. Bank
Landlord: Veris Residential
Brokers: Michael Sherman, Shawn Rosenthal & Jake Salkovitz - CBRE

The loan for this transaction was provided by U.S. Bank. Veris Residential serves as the landlord for this property. The deal was facilitated by brokers Michael Sherman, Shawn Rosenthal, and Jake Salkovitz, who represent CBRE.

Players