Cronheim Mortgage Secures $11M Refinance Loan For Town Center Plaza, East Windsor

319 US Route 130

$11,000,000

$56/SF

Building Size

196,014 SF

Asset Type

Retail

Closing

Mar 1, 2024

AI

The loan transaction involved a retail property located at 319 US Route 130 in East Windsor, with a total space of 196,014 square feet. The lender, Southern Farm Bureau Life Insurance Company, provided $11,000,000 in financing for the property, which was built in 1998.

Summary of transaction details:

Property Type: Retail
Transaction Amount: $11,000,000
Address: 319 US Route 130
Market: East Windsor
Asset Type: Retail
Borrower: Local real estate firm specializing in retail properties
Tenants: Chipotle Mexican Grill and ShopRite

The loan was arranged by Allison Villamagna, Andrew Stewart, and Dev Morris from Cronheim Mortgage, who represented the borrower in securing the financing from Southern Farm Bureau Life Insurance Company. The Town Center Plaza in East Windsor was the subject property for this refinancing deal.

Players