Tulfra Real Estate & Hampshire Cos. Secure $6.37M Construction Loan For Retail Property In Belleville, NJ

The property involved in this closed transaction is a retail asset located at 11 Franklin Avenue in Belleville, NJ. The property spans over 20 acres and is owned by Tulfra Real Estate, represented by Sonny Jumani & Hampshire Cos. The transaction was facilitated by brokers Jon Mikula & Michael Klein from JLL. The loan for this transaction was provided by First Bank, with Michael Cook as the representative.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $6,370,000
• Address: 11 Franklin Avenue
• Market: Belleville, NJ
• Acres: 20
• Landlord: Tulfra Real Estate - Sonny Jumani & Hampshire Cos.
• Brokers: Jon Mikula & Michael Klein - JLL
• Lender: First Bank - Michael Cook
• Loan Type: Construction Loan

This transaction involved key individuals such as Sonny Jumani from Tulfra Real Estate, Jon Mikula and Michael Klein from JLL, and Michael Cook representing First Bank. Their contributions played a significant role in executing the construction loan for the retail property located at 11 Franklin Avenue in Belleville, NJ.