Fantini & Gorga Arranges $2.5M Refinancing for Office Building in Massachusetts

by David Cohen

PEABODY, MASS. —  Fantini & Gorga has arranged a $2.5 million loan to refinance a four-story office building in Peabody. Located at 1R Newbury St., the 40,861-square-foot property is currently occupied by 22 tenants. The building is part of Peabody Corporate Center. Derek Coulombe and Lindsay Feig of Fantini & Gorga secured the 15-year, fixed-rate loan on behalf of the undisclosed borrower. The lender was not disclosed. 

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