Permanent Loan - Refinance$25,900,000
109,174 sf Grocery Anchored Retail Plaza
Axiom Capital Corporation announces the closing of a $25,900,000 loan for the refinance of a 109,174 SF grocery anchored shopping center in Somerset, New Jersey. Ideally situated in the heart of Somerset’s primary retail corridor, this property consists of four buildings - a standalone ShopRite grocery store, two retail strip buildings, and a Wells Fargo bank branch. The property maintains a stable occupancy in a growing suburban market with strong access to major employment opportunities.