153 Linden Street in Passaic, NJ was acquired as a fully occupied sale-leaseback, offering immediate in-place income with near-term lease rollover. Tremont’s loan structure allows for additional capital to be deployed over time, supporting:
- Capital improvements
- Tenant improvements
- Leasing commissions
This transaction highlights Tremont’s ability to structure flexible, execution-oriented financing solutions for middle market assets. By combining acquisition funding with future capital availability, Tremont supports sponsors through the full lifecycle of their business plans.
The transaction was brokered by JLL, reflecting Tremont’s continued collaboration with leading brokerage partners to identify and execute on compelling opportunities.