Axiom Capital Corporation announces the closing of a $52,000,000 permanent loan for the financing of a 473,670 square foot warehouse facility in Wayne, Passaic County, New Jersey.
The property is a state-of-the-art project with tilt up concrete walls, 40’ clear ceiling heights, 54’x60’ bay sizes, and 42 truck dock doors. 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 the Lincoln Tunnel, the gateway to the US’s largest consumer market in Manhattan. The property is also within 100 miles of major ports including the ports of New Jersey, New York and Philadelphia. In addition, there is access to Newark Liberty International Airport, JFK Airport and the Philadelphia International Airport. The Northern New Jersey market is incredibly strong due to its proximity to various regional travel options and large population centers.