Camber Real Estate Partners Acquires Industrial Property In Pine Brook For $24.9M | 60 Chapin Road | Voya Investment Management | John Spreitzer, TJ Sullivan, Chuck Kohaut, John Alascio | Industrial | Loan

Summary

Loan

NEW JERSEY

Industrial

259,230 sqft

Located at 60 Chapin Road in Pine Brook, this industrial property spans 259,230 square feet. The acquisition was facilitated by a three-year, $24,900,000 loan provided by Voya Investment Management. Camber Real Estate Partners, represented by Dave Surti, acted as the landlord in this transaction.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: $24,900,000
Address: 60 Chapin Road
Market: Pine Brook

John Alascio, Chuck Kohaut, TJ Sullivan, and John Spreitzer from Cushman & Wakefield served as brokers in this deal.

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Players

All
6

Agents
4
Agencies
1
Lenders
1

John Spreitzer

Real Estate Professional

$55M Sold

TJ Sullivan

Associate Director

$188.3M Sold

Chuck Kohaut

Director, Equity, Debt, & Structured Finance

$188.3M Sold

John Alascio

Executive Managing Director

$206.3M Sold

Details

Deal Summary

FINANCED

IMAGE: Dave Surti, John Alascio, Chuck Kohaut & TJ Sullivan DATE: 03/11/2022 ADDRESS: 60 Chapin Road MARKET: Pine Brook ASSET TYPE: Industrial ~ SF: 259,230 LENDER: Voya Investment Management LANDLORD: Camber Real Estate Partners - Dave Surti BROKERS: John Alascio, Chuck Kohaut, TJ Sullivan & John Spreitzer - Cushman & Wakefield LOAN AMOUNT: $24,900,000 LOAN TYPE: Acquisition Loan LOAN TERMS: three-year loan

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Address60 Chapin Road

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