In August of 2020, Emerald Creek Capital provided a $2,500,000 bridge loan secured by two industrial condominium units in Clifton, New Jersey. The larger unit has 19,158 square feet of net rentable area with 20-foot ceilings, three dock high doors, and three drive-in doors. The second unit is a free-standing building with 5,535 square feet of net rentable area with 17-foot ceilings, two drive-in doors, and is fully climate controlled. Clifton is a city in Northern New Jersey, surrounded by the Passaic River and a variety of parks and reservations. Access to the subject property is available via Routes 3, 17, 21, 46, I-80, I-280, as well as the Garden State Parkway. The subject property is also within walking distance of the New Jersey Transit which provides direct access to New York City.
For more information, please contact:
Jeff Seidler, Managing Director