Meridian Capital Group Arranges $18M CMBS Refinance For Retail Properties In Raritan & Union, NJ, Jamaica | 401 NJ-28, 2706 Route 22, & 162-24 Jamaica Avenue | Judah Neuman, Cary Pollack | Retail | Loan

Summary

Loan

NEW JERSEY

Retail

47,000 sqft

The retail property located at 401 NJ-28, 2706 Route 22, and 162-24 Jamaica Avenue in Raritan & Union, NJ, and Jamaica has undergone a CMBS refinance. The property spans approximately 47,000 square feet.

Summary of transaction details:

Property Type: Retail
Transaction Amount: $18,000,000
Loan Type: CMBS Refinance

Icer Properties, represented by Joseph Jemal, is the landlord of this retail property. The brokers involved in the deal are Cary Pollack and Judah Neuman from Meridian Capital Group.

Players

All
3

Agents
2
Agencies
1

$43.5M Sold

$62.5M Sold

Meridian Capital Group

Details

Deal Summary

FINANCED

IMAGE: Joseph Jemal & Judah Neuman DATE: 11/18/2021 ADDRESS: 401 NJ-28, 2706 Route 22, & 162-24 Jamaica Avenue MARKET: Raritan & Union, NJ, Jamaica ASSET TYPE: Retail ~ SF: 47,000 LANDLORD: Icer Properties - Joseph Jemal BROKERS: Cary Pollack & Judah Neuman - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $18,000,000 LOAN TYPE: CMBS Refinance

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Address401 NJ-28, 2706 Route 22, & 162-24 Jamaica Avenue

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