LATHAM, N.Y. — CBRE/New England’s Debt & Structured Financing team, on behalf of Realty Financial Advisors and Grossman Development Group, has secured $45 million in construction first mortgage financing for The Shoppes at Latham Circle. Located at 800 New Loudon Road in Latham, the 370,000-square-foot shopping center will be anchored by a 188,000-square-foot Walmart Supercenter and will offer a mix of lifestyle tenants, including restaurants and fitness. Grossman Development Group is developing the center, which is owned by Realty Financial Advisors. Additionally, CBRE/Grossman Retail Advisors is handling the leasing of the center. Kyle Juszczyszyn, Carlos Febres-Mazzei and Taylor Shepard of CBRE/NE Debt & Structured Finance negotiated the transaction for the owner.
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