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Retail

Permanent Loan – Refinance

  • $25,000,000
  • 113,204 SF Grocery Anchored Retail Plaza
  • Somerset, NJ

Axiom Capital Corp has structured and arranged a $25,000,000 permanent loan for the refinance of a 113,204 square foot grocery anchored retail plaza located in Franklin Township, Somerset County, New Jersey.

The property is strategically situated along Elizabeth Avenue in the heart of Somerset’s primary retail corridor just off Exit 12 of I-28. The Property consists of three parcels — a 67,003 square foot, standalone ShopRite; a 42,159 square foot retail building; and a standalone Wells Fargo branch.