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Axiom Capital Corp. announces $12,200,000 closing in East Greenbush, NY

Greenbush Columbia shopping center

Axiom Capital Corporation announces the closing of a $12,200,000 construction to permanent loan for the redevelopment of a 122,819 SF mixed use building, in East Greenbush, Rensselaer County, New York. The property is located in one of Upstate New York’s busiest and fastest growing submarkets. The redevelopment is of a former 95,719 SF department store into offices and retail space that will bring increased traffic and business to the Turnpike, while also leaving open the possibility of new pad sites on the front of the existing property in the future.