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Citi Group Provides $92M Loan For Life Sciences Property In Bridgewater, NJ

1041 U.S. Highway 202/206
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This Other property located in NJ received a loan of $92,000,000 over 4 years ago. The brokers of the deal were Dustin Stolly and Jordan (Jordy) Roeschlaub

A life sciences property located at 1041 U.S. Highway 202/206 in Bridgewater, NJ has secured a loan for $92,000,000 from Citi Group. The property spans 783,500 square feet and is owned by Thor Equities.

Summary of transaction details

  • Property Type: Life Sciences
  • Transaction Amount: $92,000,000
  • Address: 1041 U.S. Highway 202/206, Bridgewater, NJ
  • Market: Bridgewater, NJ

The loan was facilitated by Newmark Knight Frank brokers Jordan Roeschlaub and Dustin Stolly on behalf of the borrower. Jordan Roeschlaub and Dustin Stolly represented the borrower in the transaction.

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Deals
  • Location
    1041 U.S Highway 202, Bridgewater, NJ, USA1041 U.S Highway 202, Bridgewater, NJ, USA
  • Loan Value
    $92,000,000$92,000,000
  • Asset Type
    OtherOther
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Dustin Stolly

Dustin Stolly

Deals218
Financed$37.6B

Jordan (Jordy) Roeschlaub

Jordan (Jordy) Roeschlaub

Deals195
Financed$34.6B

Agency

Newmark

Newmark

Agency
Deals3893
Volume$397.4B

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Deal Summary

LOAN IMAGE: Jordan Roeschlaub, Joe Sitt & Dustin Stolly DATE: 08/02/2019 ADDRESS: 1041 U.S. Highway 202/206 MARKET: Bridgewater, NJ ASSET TYPE: Life Sciences 👨🏻‍🔬 LENDER: Citi Group LANDLORD: @ThorEquities BROKERS: Jordan Roeschlaub & Dustin Stolly @newmarkkf LOAN AMOUNT: $92,000,000 SF: 783,500

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1041 U.S. Highway 202/206

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