Berkadia arranged the financing for the project via its new JV Equity and Structured Capital Group.
The project at 20 Clinton St. will involve a six-story vertical addition to the garage that according to the BPDA will feature approximately 209 residential units, including 27 income-restricted units.
The Fair Lawn location is RD Foods Americas’ third New Jersey warehouse and will be used to distribute a variety of international, fresh and high-quality food ranging from seafood to fruits and vegetables.
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