Provident Bank Provides $62.5M Refinance Loan For 644K SF Retail Property In Linden

601 West Edgar Road

Retail

644,000 SF

Summary

Loan

NEW JERSEY

Retail

644,000 sqft

The property involved in this closed transaction is a retail asset located at 601 W Edgar Rd in Linden. The property spans a total area of 644,000 square feet and is owned by Milbrook Properties, Ltd.

Summary of transaction details

Property Type: Retail
Transaction Amount: $62,500,000
Loan Type: Refinance
Loan Terms: 4.15% fixed rate for 7 years

The loan for this transaction was provided by Provident Bank. Altman Warwick, represented by Robert Altman, served as the broker for the deal.

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Players

All
2

Agents
1
Lenders
1

Robert "Bob" Altman

Principal

$168.2M Sold

Details

Deal Summary

FINANCED

IMAGE: Robert Altman DATE: 06/22/2022 ADDRESS: 601 W Edgar Rd MARKET: Linden ASSET TYPE: Retail ~ SF: 644,000 LENDER: Provident Bank LANDLORD: Milbrook Properties, Ltd BROKER: Robert Altman - Altman Warwick LOAN AMOUNT: $62,500,000 LOAN TYPE: Refinance LOAN TERMS: 4.15% fixed rate for 7 years

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Address601 West Edgar Road

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