HAWTHORNE, NJ – Anna McGivaren and Andrew Stewart have arranged $15,000,000 in permanent financing for Hawthorne Discount Plaza, a retail center located at 111 Wagaraw Road in Hawthorne, New Jersey. The loan has a 10-year term and a 30 year amortization. The subject property consists of a 110,285 square foot retail center anchored by Value Village. Other notable tenants include CVS, Dollar Tree, Ace Hardware, Payless Shoe Source and Mandee’s.  The 7.7-acre site offers customer parking for 321 vehicles. 

Hawthorne Discount Plaza is located on the north side of CR-504/Wagaraw Road in Hawthorne, near the Passaic-Bergen County line. The Subject benefits from Passaic County’s seven days per week shopping (neighboring Bergen County’s Blue Laws require stores to close on Sundays) as well as the dense housing development that characterizes the immediate and surrounding areas.

Founded in 1954, Value Village today is a leading thrift store chain with over 200 stores throughout the United States and Canada, 120 nonprofit alliances and 10,000 employees. For sale merchandise consists of a combination of vintage, second-hand and new apparel, fashion accessories, home décor, collectibles and furniture. CVS/Caremark Corporation is the country’s largest retail pharmacy chain, currently operating 6,245 stores in 43 states. The company has an S&P credit rating of BBB+.