Q10|NERR places $3.2 million financing on 55,570 s/f flex building

February 08, 2008 - Financial Digest
According to Edward Riekstins of Q10| New England Realty Resources (NERR) financing has recently been placed on a flex property. Q10| NERR represented the borrower in securing $3.2 million in permanent financing for a single story, 55,570 s/f flex building located at 256 Read St. The single tenant building also includes 8,600 s/f of office/showroom space. The lender in this transaction, Summit Investment Partners, LLC, is a member of Q10| NERR's correspondent network, and provides loans ranging from $1 million to $5 million.

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