$10.5m mall loan a Shaw thing.Holliday Fenoglio Fowler's Edison office arranged a $10.5 million financing for a Shaw's Supermarket property in Sanford, Maine Sanford is a town and a census-designated place (CDP) in York County, Maine, United States. The population was 20,806 at the 2000 census. Situated on the Mousam River, Sanford includes the village of Springvale. The town features many lakes in wooded areas which attract campers. . The 64,000-square-foot store, part of Sanford's Center for Shopping, was completed in mid-November. Senior managing director Thomas Didio worked on behalf of Redstone Investments to secure the 15-year, fixed-rate loan Fixed-rate loan A loan whose rate is fixed for the life of the loan. through Bear Stearns The Bear Stearns Companies, Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., one of the largest global investment banks and securities trading and brokerage firms in the world. Commercial Mortgage. Redstone Investments, a commercial real estate development firm specializing in the acquisition, development and management of retail shopping centers along the East Coast, has offices in Youngstown, Ohio and Tampa, Florida. The new Shaw's is a one-story, freestanding store located at the north end of the Center for Shopping, which is a 211,797-square-foot retail center in Sanford. Tenants include Fashion Bug, GNC GNC General Nutrition Centers GNC Gas Natural Comprimido (Argentina) GNC Guidance, Navigation, and Control GNC Grand National Championship (ATV racing) GNC Global Navigation Chart , Olympia Sports and a movie theater, as well as an existing 40,000-square-foot Shaw's space that will be leased to Marshall's and another well known national retailer. The property can be accessed through two entrances on Main Street, a busy Sanford thoroughfare, and parking is available for 1,062 vehicles. Sanford is twelve miles west of Interstate 95 and 35 miles from Portland, Maine and Portsmouth, New Hampshire Portsmouth, New Hampshire is a city in Rockingham County, New Hampshire in the United States of America. It is the fourth-largest community in the county[1], with a population of 20,784 as of the 2000 census. . |
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