Integra Real Estate Capital Arranges $14M Acquisition Loan in New Jersey
Located in South Brunswick, N.J., the 77,500-square-foot South Brunswick Shopping Center is occupied by a grocery store and Bank of America.
SOUTH BRUNSWICK, N.J. — Integra Real Estate Capital has arranged a $14 million acquisition loan for a shopping center in South Brunswick. A grocery store and Bank of America occupy the 77,500-square-foot South Brunswick Shopping Center. The New Jersey-based borrower received a non-recourse loan of 82.5 percent loan-to-value that features three years of interest-only payments. Meyer Perlman of Integra negotiated the financing through a national balance sheet lender.