Blue Vista Finance Provides $47.4M Refinance Loan For Meadowlands Industrial Property
5903-5905 West Side Avenue
Industrial
730,453 SF
730,453 SF
Summary
An industrial property located at 5903-5905 West Side Avenue in Meadowlands, NJ has been involved in a recent closed transaction. The property spans an impressive 730,453 square feet, making it a substantial asset in the market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $47,400,000
- Lender: Blue Vista Finance
- Brokers: Glenn Tolchin & Yoav Oelsner - Upland Property Advisors
- Loan Type: Refinance
- Loan Terms: Fixed rate, 10-years, Non-recourse
The loan for the transaction was provided by Blue Vista Finance. The borrowers were able to secure a non-recourse loan of $47,400,000 to refinance the property. The loan terms include a fixed rate for a duration of 10 years.
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5903-5905 West Side Avenue
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