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Retail

Permanent Loan - Refinance

$25,900,000
109,174 sf Grocery Anchored Retail Plaza
Somerset, NJ

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.


diligence.
innovation.
execution.
Contacts

Charles Cronin - President
518-472-4000 ext. 204
axiom@axiom-capital.com

Andrew Kleinberg - Partner
917-710-1505
ajk@axiom-capital.com

Michael S. Del Vecchio - VP of R.E. Finance
518-472-4000 ext. 230
mdv@axiom-capital.com