REBusinessOnline

CB RICHARD ELLIS SECURES $6 MILLION FOR OFFICE/WAREHOUSE FACILITY

CARLSTADT, N.J. — CB Richard Ellis (CBRE) has secured $6 million in financing on behalf of 590 Commerce Boulevard LLC, the borrower, for 590 Commerce Blvd. in Carlstadt. The 78,721-square-foot office/warehouse building is situated in close proximity to routes 17 and 46, Interstate 80 and the New Jersey Turnpike. James Gunning and Donna Falzarano of CBRE arranged the financing, which was funded by Principal Real Estate Investors.

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