Cushman & Wakefield Secures $6.5 Million Financing for Retail Center in New Jersey

by Camren Skelton

Galloway, N.J. — Cushman & Wakefield has secured $6.5 million in financing for Smithville Square, 107,000-square-foot retail center located in downtown Galloway.

John Alascio and Sridhar Vankayala of Cushman & Wakefield secured the five-year, fixed-rate loan on behalf of the borrower, P3RE Properties. Atlantic Stewardship Bank provided the financing. The center is home to 19 tenants, including Dunkin’ Donuts, Petvalu, JD’s Pub and Grill, Village Dry Cleaners and Lucky Nails.

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