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Stro, KRE Group Secure $42 Million Refi for Fully Leased Cold Storage Facility in Clifton

Capital One Provides Loan for Facility Leased to Growing Ethnic Grocer
The facility, located at 174 Delawanna Ave., totals 220,000 square feet and features a 32-foot clear height, two drive-in bays and 29 dock doors. (CoStar)
The facility, located at 174 Delawanna Ave., totals 220,000 square feet and features a 32-foot clear height, two drive-in bays and 29 dock doors. (CoStar)
By Raven Williams
CoStar Research
August 20, 2021 | 3:02 P.M.

The Stro Cos. and KRE Group have refinanced a fully leased cold storage facility in Clifton, New Jersey, with a $42 million, 10-year fixed-rate loan from Capital One.

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