facebook

traded

+ Submit
Home

/

Deals

/

New Jersey

/

Self Storage

/

Loan

/

3030 New Jersey Highway 73

Feldman Companies Secures $16.2M Bridge Loan For Self Storage Facility In Maple Shade
FINANCEDSelf Storage

Feldman Companies Secures $16.2M Bridge Loan For Self Storage Facility In Maple Shade

3030 New Jersey Highway 73

$16,200,000

$128/SF

Building Size

126,300 SF

Asset Type

Self Storage

Closing

Oct 9, 2025

AI

The asset involved in this transaction is a self-storage facility located at 3030 New Jersey Highway 73 in Maple Shade, covering a total square footage of 126,300. The loan amount secured for this property is $16,200,000, categorized as a bridge loan.

Summary of transation details:

The transaction highlights the roles of notable individuals in the deal, with the landlord represented by Matthew Wheeler and Michael Pagniucci from JLL. The involvement of The Feldman Companies as the landlord showcases their participation in managing the self-storage facility within the Maple Shade market.

Players

Michael Pagniucci

JLL

Broker

$611M

vol

11 deals

Broker
Andover Properties
Andover PropertiesLender
Mitchell Feldman

Mitchell Feldman

The Feldman Companies

Landlord

$322.1M

vol

19 deals

Landlord

Maple Shade Self Storage Market Snapshot

Boundary boundary · Self Storage · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.98%

Cash-on-Cash

-0.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93