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  • For acquisition of renovated Neptune plaza

Progress Capital’s Domenico secures $2.775M mortgage

NEPTUNE, NJ — Brad Domenico, partner at Progress Capital, secured a $2.775 million non-recourse permanent mortgage for the acquisition of the retail strip plaza located at 36 State Rte. 35 in Neptune. The subject property is a newly renovated 18,150 s/f retail shopping plaza at the former Wonderbread / Hostess Regional Bakery and Outlet. The plaza was 100% occupied and anchored by an 8,900 s/f Family Dollar at the time of acquisition.

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