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Friday, may 31
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First Bank
Business
$10.3M Loan Will Fund Massive Self-Storage Center Across From Garden State Plaza
A self-storage facility is going up at the former AT&T data center in Rochelle Park. Tulfra Real Estate -- a local real estate redevelopment company -- announced a $10.3 million construction loan for the Passaic Street facility, funded by First Bank in Hamilton. Proceeds from the loan will be used to construct a 100,000-square-foot, 823-unit self-storage facility on approximately two acres of a larger mixed-use site, which has been rebranded as Village Center of Rochelle Park. The 7.5-acre site is currently home to a two-story, 55,000-square-foot concrete building. The new self-stor…