CBRE CAPITAL MARKETS ARRANGES $2.45 MILLION RETAIL LOAN IN MASS.

FAIRHAVEN, MASS. — CB Richard Ellis (CBRE) Capital Markets has arranged $2.45 million in first-mortgage acquisition financing for a 49,767-square-foot neighborhood shopping center located in Fairhaven. The property is located at 14-19 Plaza Way. Tenants include Staples, Dollar Tree, McDonald’s and Hungry Heroes. The property is shadow-anchored by Kmart and Shaw’s Supermarket. The loan carries a 5-year term and a 25-year amortization schedule. CBRE’s Aaron Appek and Rayna Karaivanov secured the loan on behalf of the undisclosed borrower.