Lightstone Group Loans $9M For Industrial Properties In Jamaica, Queens

An industrial property located at 95-08 150th Street, 95-12 149th Street, and 95-25 150th Street in Jamaica, Queens, was recently involved in a closed transaction. The property is situated in the market of Jamaica, Queens and was acquired by DL Development & Radix Capital.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $9,000,000
• Lender: @LightstoneGroup
• Landlord: DL Development & Radix Capital
• Brokers: Adam Hakim & James Murad - Meridian Capital Group

The loan for this transaction was provided by the Lightstone Group. The brokers representing the deal were Adam Hakim and James Murad from Meridian Capital Group.