First Bank Provides $9M Loan For Industrial Property In Berkeley Heights | 100 Industrial Road⁠ | Michael Lachs, Gregory (Greg) Nalbandian | Industrial | Loan

Summary

Loan

NEW JERSEY

Industrial

77,875 sqft

The industrial property located at 100 Industrial Road in Berkeley Heights has recently closed a loan transaction. The property spans a total of 77,875 square feet and is owned by Camber Real Estate Partners.

Summary of transaction details

Property Type: Industrial
Transaction Amount: $9,000,000
Lender: First Bank
Brokers: Greg Nalbandian & Michael Lachs - JLL Capital Markets
Loan Terms: 5-year fixed-rate loan

The loan amount for this transaction is $9,000,000, and it was provided by First Bank. Greg Nalbandian and Michael Lachs from JLL Capital Markets represented the parties involved in the deal. The loan has a fixed-rate and a term of 5 years.

Players

All
3

Agents
2
Agencies
1

Michael Lachs

Vice President

Gregory (Greg) Nalbandian

Senior Managing Director

$29M Sold

JLL

Details

Deal Summary

FINANCED

IMAGE: Greg Nalbandian⁠ DATE: 12/17/2020⁠ ADDRESS: 100 Industrial Road⁠ MARKET: Berkeley Heights⁠ ASSET TYPE: Industrial⁠ SF: 77,875⁠ ⁠ LENDER: First Bank⁠ LANDLORD: Camber Real Estate Partners⁠ BROKERS: Greg Nalbandian & Michael Lachs - JLL Capital Markets⁠ ⁠ LOAN AMOUNT: $9,000,000⁠ LOAN TERMS: 5 year, fixed-rate loan⁠

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Address100 Industrial Road⁠

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