HFF Arranges $19 Million Refinancing of ShopRite-Anchored Center in New Jersey

by Camren Skelton

Bound Brook, N.J. — HFF has arranged a $19 million loan for the refinancing of The Middle Brook Center, a 104,331-square-foot, ShopRite-anchored retail center in the northern New Jersey community of Bound Brook.

Greg Nalbandian of HFF arranged the 11-year, interest-only loan through Nationwide Life Insurance Co. on behalf of the borrower, Advance Realty. In addition to ShopRite, the three-building center is home to tenants including Wine Country, Doctors Express, Quest Diagnostics, Frank’s Pizza, Bagel Stadium and Burger King.

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