U.S. Bank Provides $135M Loan For Mixed-Use Property At 17 Avenue At Port Imperial In West New York, NJ

The property involved in this closed transaction is a mixed-use asset located at 17 Avenue at Port Imperial in West New York, NJ. It spans a total of 24,997 square feet, offering a versatile space for various purposes.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $135,000,000
• Date: 01/18/2022
• Address: 17 Avenue at Port Imperial
• Market: West New York, NJ
• Lender: U.S. Bank
• Landlord: Veris Residential
• Brokers: Michael Sherman, Shawn Rosenthal & Jake Salkovitz - CBRE

The loan for this transaction was provided by U.S. Bank. Veris Residential serves as the landlord for this property. The deal was facilitated by brokers Michael Sherman, Shawn Rosenthal, and Jake Salkovitz, who represent CBRE.