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Axiom Capital Corp. announces $3,275,000 Industrial Closing in Montclair, NJ

Axiom Capital Corp has structured and arranged a $3,275,000 construction loan for the rehab on a 14,000 sf industrial warehouse building, situated on approximately 0.443 acres of land. The Property, built in 1937, will undergo $1.5 million in capital and tenant improvements, and was 100% leased at the time of closing.

The property is ideally situated located within walking distance of the busy downtown of Montclair, as well as two Montclair-Boonton Line train stations (Walnut Street and Bay Street). In addition, the property is within a one-hour drive of Manhattan and within a 30-minute drive of Newark, NJ.