Progress Capital Arranges $14M Refinance Loan For Industrial Property In South Plainfield, NJ | 450 Oak Tree Avenue | Lakeland Bank | Frank Stanislaski, Brad Domenico | Industrial | Loan

Summary

Loan

NEW JERSEY

Industrial

245,860 sqft

An industrial property located at 450 Oak Tree Avenue in South Plainfield, NJ has undergone a refinance transaction. The property spans 245,860 square feet and is of the industrial asset type.

Summary of transaction details

Property Type: Industrial
Transaction Amount: $14,000,000
Loan Type: Refinance
Market: South Plainfield, NJ
Lender: Lakeland Bank
Brokers: Brad Domenico & Frank Stanislaski - Progress Capital

The refinance loan for this industrial property was facilitated by Lakeland Bank. Brad Domenico and Frank Stanislaski from Progress Capital represented the parties involved in the transaction.

Players

All
4

Agents
2
Agencies
1
Lenders
1

$12.5M Sold

$735.9M Sold

Details

Deal Summary

FINANCED

IMAGE: Brad Domenico & Frank Stanislaski DATE: 03/28/2022 ADDRESS: 450 Oak Tree Avenue MARKET: South Plainfield, NJ ASSET TYPE: Industrial ~ SF: 245,860 LENDER: Lakeland Bank BROKERS: Brad Domenico (@Domenico317) & Frank Stanislaski (@FStanisl) - Progress Capital (@Progress.Capital) LOAN AMOUNT: $14,000,000 LOAN TYPE: Refinance

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Address450 Oak Tree Avenue

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