Fidelity Investments Provides $11.5 Million Loan For Retail Asset In Clifton New Jersey

The asset involved in this transaction is a retail property located at 1030-1050 Route 46 in Clifton, featuring a total square footage of 48,535. The transaction was secured through an acquisition loan amounting to $11,500,000, facilitated by Fidelity Investments.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $11,500,000
• Address: 1030-1050 Route 46
• Market: Clifton
• Asset Size: 48,535 SF
• Lender: Fidelity Investments
• Brokers: Nazario Paragano, Ryan Carroll & Christian Badalamenti - JLL
• Loan Type: Acquisition

The transaction involved brokers Nazario Paragano, Ryan Carroll, and Christian Badalamenti representing the deal through their agency, JLL. Their roles were integral in facilitating the acquisition loan process for the retail asset in Clifton.