Secaucus NJ Distribution Center

This 339,981 owner-occupied industrial warehouse facility is located in the highly desirable Harmon Cove district of Secaucus, NJ, a major mixed use development.

Excel arranged the $31,000,000 non-recourse refinancing together with a partnering brokerage firm by presenting multiple alternatives, including New York based bank lenders, CMBS lenders, and life company lenders. Ultimately, the client selected a 75% LTV, non-recourse, 10 year CMBS loan as the the idea choice.