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Engel Burman Secures $14M Permanent Loan For Industrial Property In Garden City

71 Clinton Road
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This Industrial property located in NY received a loan of $14,000,000 almost 2 years ago. The brokers of the deal were Adam Hakim, Andrew Iadeluca, James Murad, and Asher Urbach

Adam Hakim, Andrew Iadeluca, James Murad, and Asher Urbach of Meridian Capital Group have secured a $14,000,000 permanent loan for an industrial property located at 71 Clinton Road in Garden City. The property spans 178,600 square feet and is owned by Engel Burman.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $14,000,000
  • Address: 71 Clinton Road
  • Market: Garden City
  • Brokers: Adam Hakim, Andrew Iadeluca, James Murad, and Asher Urbach - Meridian Capital Group

This loan transaction was facilitated by Adam Hakim, Andrew Iadeluca, James Murad, and Asher Urbach of Meridian Capital Group. They successfully secured a permanent loan of $14,000,000 for Engel Burman's industrial property located at 71 Clinton Road in Garden City, spanning 178,600 square feet.

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Deals
  • Location
    71 Clinton Road, Garden City, New York 11530, United States71 Clinton Road, Garden City, New York 11530, United States
  • Loan Value
    $14,000,000$14,000,000
  • Asset Type
    IndustrialIndustrial
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Asher Urbach

Asher Urbach

Deals4
Financed$43.1M

Agency

Meridian Capital Group

Meridian Capital Group

Agency
Deals2414
Volume$65.9B

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Deal Summary

LOAN IMAGE: Adam Hakim, Andrew Iadeluca, James Murad & Asher Urbach DATE: 06/08/2022 ADDRESS: 71 Clinton Road MARKET: Garden City ASSET TYPE: Industrial ~ SF: 178,600 LANDLORD: Engel Burman BROKERS: Adam Hakim, Andrew Iadeluca (@AndyAtehere), James Murad (@James_Murad) & Asher Urbach - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $14,000,000 LOAN TYPE: Permanent

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71 Clinton Road

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