US EditionJLL: Investor Lands $11.5 Million Acquisition Loan, Eyes New Grocery-Anchored Center in Clifton – Real Estate NJ
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JLL: Investor lands $11.5 million acquisition loan, eyes new grocery-anchored center in Clifton – Real Estate NJ
1030-1050 Route 46 in Clifton — Courtesy: JLL By Joshua Burd A developer has secured acquisition financing for a nearly 49,000-square-foot commercial property in Clifton that it plans to reposition as a grocery-anchored retail center. According to JLL, which arranged the transaction, Fidelity Investments provided the $11.5 million loan in connection with the complex at 1030-1050 Route 46. The brokerage team noted the borrower is now set to begin…
JLL Arranged $11.5 Million in Financing for Redevelopment of Retail Center in Clifton, New Jersey
Clifton, N.J. — JLL Capital Markets has arranged $11.5 in financing for the acquisition of 1030 — 1050 Route 46, a formerly vacant commercial building that is being redeveloped as a… The post JLL Arranged $11.5 Million in Financing for Redevelopment of Retail Center in Clifton, New Jersey appeared first on Shopping Center Business.
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