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Posted: October 11, 2022
Axiom Capital funds loans for two retail centers - for total sale price of $24.82 million
East Greenbush, NY Axiom Capital Corp. has structured and arranged $24.82 million in permanent loans for two retail properties.
Axiom Capital Corp. has structured and arranged a $11.62 million permanent loan (10-year loan, fixed rate, non-recourse) for the refinance of a 194,889 s/f, class A anchored retail center located in the towns of East and North Greenbush.
The property consists of five separate buildings across 33.28 acres with surface parking available. The property is home to 19 tenants including a strong line up of national retailers. The property is located along the principal retail corridor in the area, Rte. 4 and makes up the largest concentration of retail shopping east of the Hudson River. The property is 10 minutes southeast of the city of Albany and 16 minutes south of the city of Troy. The property is well situated within a thriving suburban housing market that offers a commute to some of the area’s largest employers.
Axiom Capital Corp. has structured and arranged a $13.2 million permanent loan for the refinance of a class A anchored retail center located in East Greenbush.
The property offers 301,894 s/f of rentable space and consists of six separate buildings across 59.95 acres with surface parking available. The property is home to 16 tenants including a line up of national retailers. The property is southeast of the city of Albany and south of the city of Troy. The property is situated within a suburban housing market that offers a commute to some of the area’s largest employers.
Axiom Capital Corp. is a leading boutique commercial real estate finance & advisory firm offering a wide spectrum of creative value added financing & investment strategies for all commercial property types nationwide. They have deep rooted relationships with clients, unparalleled access to capital market partners, respect of industry peers, and have structured over $7 billion in debt, equity, and advisory transactions over their nearly 30 years in operation.
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