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Eastern Union arranges financing for N.J. industrial property

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Commercial mortgage brokerage firm Eastern Union Funding announced today it has arranged approximately $15 million in financing for industrial properties located in the tristate region, including one in New Jersey.

Eastern Union, which is based in New York, said it arranged $3.3 million to refinance a 44,000-square-foot industrial property in Bergen County on a 10-year term, at 4.05 percent, with a 30-year amortization. Eli Breiner, of Eastern Union, arranged the transaction. Terms were not disclosed.

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