Jeff Bezos' Amazon Fulfillment Center In South Budd Lake, NJ Secures $18M Loan From Lakeland Bank

An Industrial property located at 81 International Drive in South Budd Lake, Mount Olive Twp., NJ has undergone a closed transaction. The property is an Amazon Fulfillment Center, fully leased to @Amazon. The construction of the fulfillment center is currently underway. The property spans across 13 acres in total.

Summary of transaction details

• Property Type: Industrial (Amazon Fulfillment Center)
• Transaction Amount: $18,000,000
• Acres: 13
• Market: South Budd Lake, Mount Olive Twp., NJ
• Lender: Lakeland Bank
• Landlord: Dino Tomassetti
• Tenant: @Amazon
• Broker: Kathy Anderson - @Progress.Capital
• Loan Image: Kathy Anderson, Jeff Bezos & Dino Tomassetti

Kathy Anderson from @Progress.Capital acted as the broker in this transaction. The deal involved a loan amount of $18,000,000 provided by Lakeland Bank. Dino Tomassetti served as the landlord for the property, while the tenant is @Amazon.