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Traded: New Jersey Recent commercial real estate transactions in New Jersey.

07/05/2025

LOAN
IMAGE: Steven Millstein, Christian Badalamenti, Max Custer & Michael Klein
DATE: 05/07/2025
ADDRESS: 500 West Main Street
MARKET: Wyckoff
ASSET TYPE: Industrial ~ SF: 115,084 ~ ACRES: 13

LENDER: City National Bank ()
LANDLORD: Steven Millstein - The STRO Cos.
BROKERS: Christian Badalamenti, Max Custer () & Michael Klein - JLL ()

BORROWER: Albert Fitch

LOAN AMOUNT: $14,500,000
LOAN TYPE: Refinance
LOAN TERMS: five-year fixed-rate

NOTE: The STRO Cos. landed a $14.5M refinancing loan from City National Bank for its fully leased 115,084-square-foot industrial property at 500 W. Main St. in Wyckoff, N.J. JLL Capital Markets arranged the five-year, fixed-rate financing for the 12-tenant facility.

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06/05/2025

SALE
IMAGE: Mitch Arthur, Burry Klein, Jon Hyde, Jon O'Donnell & Justin Pierce
DATE: 5/2/2025
ADDRESS: 11 Empire Boulevard
MARKET: Carlstadt, NJ
ASSET TYPE: Industrial

BUYER: Oliver St. Capital & Bain Capital
BROKER: Burry Klein - Branch Industrial

SALE PRICE: $208,000,000
SF: 784,000 ~ PPSF: $265

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