150 James Street

Location: Lakewood, NJ
Type: Retail
Price: $ 8,750,000

SMC has provided a $8,750,000 loan for the refinance of 150 James Street, a 55,850 SF grocery anchored shopping center located in Lakewood, NJ. The grocer, NPGS, is the predominant kosher grocery store in a city which has more than 10,000 Orthodox families. The Property was developed in 2011 and is currently 95% leased.