FINANCED
Meridian Capital Group Arranges $27.3M Loan For Office Property In Bridgewater, NJ
700 Route 202-206
Office
117,000 SF
117,000 SF
Financed 1 year ago
Summary
Loan
NEW JERSEY
Office
117,000 sqft
A loan transaction has taken place in Bridgewater, NJ. The property involved is an office space with a total area of 117,000 square feet, located at 700 Route 202-206.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $27,300,000
- Market: Bridgewater, NJ
The loan was facilitated by Isaac Lifshitz and Scott Assouline from Meridian Capital Group. They represented the parties involved in the deal.
The loan amount for the transaction was $27,300,000. It was a purchase loan with the following terms: a fixed interest rate of 3.875% for 5 years, one year of interest-only payments, followed by a 30-year amortization period.
Players
All
7
Agents
5
Agencies
2
Details
FINANCED
IMAGE: Scott Assouline & Isaac Lifshitz
DATE: 04/07/2022
ADDRESS: 700 Route 202-206
MARKET: Bridgewater, NJ
ASSET TYPE: Office ~ SF: 117,000
BROKERS: Isaac Lifshitz & Scott Assouline - Meridian Capital Group
LOAN AMOUNT: $27,300,000
LOAN TYPE: Purchase
LOAN TERMS: 3.875% for 5 Years, 1 Year I/O, then 30 Year amortizationView on map
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Address700 Route 202-206
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