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Carlton arranges $25m loan for New Jersey office purchase.


Carlton Advisory Services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
, acting as exclusive advisor to one of its clients, has arranged and closed a $24.5 million mortgage for that group's acquisition of a Class A suburban office portfolio, it has been announced by Carlton Chairman Howard L. Michaels.

Located in Franklin Township Franklin Township is the name of many places in the United States: Indiana
  • Franklin Township, Marion County, Indiana
  • Franklin Township, Washington County, Indiana
Iowa
  • Franklin Township, O'Brien County, Iowa
Michigan
    , in Somerset County, New Jersey Somerset County is a county located in the U.S. state of New Jersey. As of 2000, the population was 297,490. It is part of the New York Metropolitan Area. Its county seat is Somerville6. Somerset County has the seventh-highest per capita income of any U.S. , the portfolio comprises 366,921 square feet of prime office space and enjoys superior access and visibility from 1-287 in a desirable suburban office market with close proximity to New York City New York City: see New York, city.
    New York City

    City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
     and Philadelphia. The portfolio includes two Class A, suburban office properties: Vantage Court, a two-story building containing a total of 203,789 s/f and 818 surface parking spaces; and Corporate Park III, a five-story building containing 163,132 square feet and 571 surface parking spaces.

    Carlton professionals Michael J. Campbell and Leverett Spinac assisted Mr. Michaels with the procurement of financing for this transaction.
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    Article Details
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    Title Annotation:Real Estate
    Publication:Real Estate Weekly
    Article Type:Brief Article
    Geographic Code:1USA
    Date:Oct 27, 2004
    Words:148
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