Denholtz Properties Acquires Broad Street Office/Storefront Retail In Red Bank, NJ For $9.09M Loan | 133, 140-148 Broad Street | Tristate Capital Bank | Kathy Anderson | Office | Loan

Summary

Loan

NEW JERSEY

Office

26,584 sqft

Denholtz Properties has secured a $9,090,000 loan from TriState Capital Bank for the acquisition and renovation of an office/storefront retail property located at 133, 140-148 Broad Street in Red Bank, NJ. The property spans a total area of 26,584 square feet.

Summary of transaction details

Property Type: Office/Storefront Retail
Transaction Amount: $9,090,000
Address: 133, 140-148 Broad Street
Market: Red Bank, NJ
Lender: TriState Capital Bank
Landlord: Denholtz Properties - Steven Denholtz
Broker: Kathy Anderson - Progress Capital

Steven Denholtz, the representative from Denholtz Properties, and Kathy Anderson from Progress Capital played key roles in the deal. The loan provided by TriState Capital Bank will be used for the acquisition and renovation of the property.

Players

All
3

Agents
1
Agencies
1
Lenders
1

Kathy Anderson

Founding Partner

$99.2M Sold

Progress Capital

Tristate Capital Bank

Details

Deal Summary

FINANCED

IMAGE: Steven Denholtz & Kathy Anderson DATE: 08/16/2022 ADDRESS: 133, 140-148 Broad Street MARKET: Red Bank, NJ ASSET TYPE: Office/Storefront Retail ~ SF: 26,584 LENDER: TriState Capital Bank LANDLORD: Denholtz Properties (@DenholtzProperties) - Steven Denholtz BROKER: Kathy Anderson (@Money.Girl.Kathy) - Progress Capital (@Progress.Capital) LOAN AMOUNT: $9,090,000 LOAN TYPE: Acquistion/Renovation

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Address133, 140-148 Broad Street

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