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Brokerage
Posted: June 22, 2018
Groblewski and Garcia of Fantini & Gorga arrange $1.7 million in financing
Fall River, MA Fantini & Gorga has arranged $1.7 million for the refinancing of an Advance Auto. The property is located at the corner of Tucker St. and Rhode Island Ave.
The Fantini & Gorga team was led by Casimir Groblewski, senior managing director, who together with Jon Garcia, analyst, arranged the financing through a Massachusetts-based credit union. “We were pleased to be able to deliver competitive, 5-year renewable fixed rate financing with a 30-year amortization schedule for our client,” said Groblewski.
The subject property, which contains 9,800 s/f of rentable area situated on 1.02 acres along Rhode Island Ave., a major retail corridor, close to both local and regional highways. This store serves as the distribution point for all Advance Auto tenants throughout the Cape, southeastern Mass., and Rhode Island.
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