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Brokerage
Posted: November 27, 2020
Bierbrier Development completes $12.28 million refinancing of Arlington Village
Arlington, MA Bierbrier Development has completed the $12.28 million refinancing of Arlington Village Shops. Located on Mass Ave., the property is a 26,300 s/f shopping center with national tenants, including Citizens Bank, Unleashed by Petco, Sherwin Williams, Massage Envy, AFC Urgent Care and European Wax Center.
Nick Donofrio, first vice president and commercial real estate team leader at Cambridge Savings Bank provided the 10-year financing.
Brian Corcoran of Ackman-Ziff represented Bierbrier in the transaction. “Well located real estate, combined with strength of sponsorship and and a longstanding relationship with a local lender were paramount in completing this transaction amidst a cautious retail lending market,” said Corcoran.
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Hines of Horvath & Tremblay completes the sale of 200 multi-family units in Connecticut for $16.24 million
Norwich, CT Tim Hines of Horvath & Tremblay has facilitated the sale of 200 multi-family units totaling $16.24 million. Hines arranged the sale of an 83 unit multi-family portfolio in Cromwell, Middletown and Norwich, Conn. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $9 million.
Quick Hits
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