Construction Loan - Refinance$20,550,000
418,000 SF Warehouse
Axiom Capital Corporation announces the closing of a $20,550,000 construction loan for the construction of a 418,000 SF warehouse facility in Wayne, Passaic County, NJ. Currently the site is fully demolished, graded, and the slab/foundation poured. The building will include approximately 90,000 SF of office space plus 50,000 SF of mezzanine space. The 31-acre site is extremely well located with close proximity to I-80, US Rt. 46, and State Rt 23 approximately 20 miles from the George Washington Bridge and Lincoln Tunnel with access to Midtown Manhattan at the gateway to the US’s largest consumer market. The property is also within 100+/- miles of major ports including the ports of New Jersey, New York and Philadelphia and provides access to Newark Liberty International Airport, JFK and Philadelphia International Airports. The Northern New Jersey market is incredibly strong due to its proximity to various regional travel options and large population centers.