Axiom Capital Corp. has structured and arranged a $11,620,000 permanent loan for the refinance of a 194,889 square foot, Class A anchored retail center located in the towns of East and North Greenbush, New York.
The property consists of five separate buildings across 33.28 acres with ample surface parking available. The property is currently home to 19 tenants including a strong line up of national retailers. The property is located along the principal retail corridor in the area, Route 4 and makes up the largest concentration of retail shopping east of the Hudson River. The property is approximately 10 minutes south- east 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 an easy commute to some of the area’s largest employers.