$17,500,000 – Norwalk, CT (Fairfield County)

     

In January of 2023, Emerald Creek Capital provided a $17,500,000 bridge loan in Norwalk, CT. The loan is secured by a newly constructed climate-controlled self-storage facility with a gross building area of 135,234 square feet. The Class A facility is 3 stories and consists of 1,110 units and has 87 surface parking spaces on site. Norwalk is a coastal city situated along the I-95 corridor in southwestern Connecticut. Its proximity to the New York metro area, and ongoing residential and commercial development, drives ample demand for storage for both personal and business needs. The subject property benefits from its location on Route 136, and is in close proximity to I-95, Route 7, Route 1, and the Metro-North Railroad at South Norwalk.

 

For more information, please contact:

Matt Fantuzzi, Senior Vice President
(646) 237-2570
mfantuzzi@emeraldcreekcapital.com

 

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