“We have been fortunate to have worked with a lot of great lenders, including community banks that know our target markets as well as we do,” said Stephen Cassidy, President of Denholtz Associates. “First Bank NJ was able to see our vision for the future of the Bridgewater Business Park properties and negotiate mutually favorable rates that will keep us doing business together for a long time. Our understanding of the Bridgewater industrial market and successful track record working with community lenders enabled us to reach favorable terms for the refinance.”
The properties are located just off Route 22 in a high traffic area at the convergence of Routes 202/206, I-287 and I-78. The area is also convenient to the Garden State Parkway and New Jersey Turnpike. Nearby attractions include the Bridgewater Commons Mall, outstanding dining choices, banks, hotels and conference centers.
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About Denholtz Associates
Denholtz Associates is a privately held, fully integrated real estate development, investment and management company with more than 60 years of commercial real estate experience. Denholtz Associates actively targets multi-tenant office and industrial properties in select markets to diversify risk and provide maximum returns for its capital partners. Specializing in adaptive reuse and utilizing its substantial in-house operational capabilities and extensive knowledge of targeted locations, Denholtz capitalizes on unique opportunities in the marketplace. Additional information for Denholtz Associates is available online at http://www.denholtzassociates.com/