Retail · Paramus, New Jersey
Westfield Garden State Plaza
—, Paramus, New Jersey
Verified
sourcedmodeled1 of 6 sourced
Ownership & debt
Ownership chain & debt stack
Owner of record: Unibail-Rodamco-Westfield.
2 recorded holders · 2 beneficial owners · chain resolves 2 levels, with each holder's interest percentage and class.
Tenants & leasing
Tenant roster & leasing
4 tenants of record, with GLA, floor, lease expiration and base rent — plus occupancy, WALT and the rollover stack.
Underwriting
Underwriting
Unlevered and levered IRR, equity multiple, exit math and a live sensitivity grid — built on the NOI, the debt stack and the rent roll above.
Provenance footnotes
- Current value: Single source — Asset Securitization Report (American Banker) · https://asreport.americanbanker.com/news/garden-state-plaza-whole-loan-secures-525-million-in-cmbs · observed 2023
- $/SF: Estimated — no sourced claim on file.
- GLA: Estimated — no sourced claim on file.
- Ownership — Unibail-Rodamco-Westfield: Single source — businesswire.com · https://www.businesswire.com/news/home/20220822005060/en/Unibail-Rodamco-Westfield-Partners-With-Mill-Creek-Residential-on-Westfield-Garden-State-Plaza-Development
Modeled figures — LTV, debt yield, DSCR, cash-on-cash, occupancy, WALT, tenant concentration are derived arithmetic, not sourced claims. Not investment advice.
Anchoring begins when the asset enters the live ledger.