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Retail

Permanent Loan - Refinance

  • $25,000,000
  • 115,747 sf Grocery Anchored Retail Plaza
  • West Milford, NJ

Axiom Capital Corporation announces the closing of a $25,000,000 million refinance of a 106,606 SF grocery anchored retail plaza in West Milford, New Jersey. The property consists of a 57,000 SF ShopRite, a newly constructed TJ Maxx, and 27,163 SF of inline retail space. The center is strategically situated at a busy intersection in the areas primary retail corridor. Proceeds from the loan refinance will be used towards completing renovations including new parking and paving, new roofs, a complete new façade, new signage and an expansion and remodel for a major tenant.