FANTINI & GORGA ARRANGES $4.9M FOR CVS IN WELLS, MAINE

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WELLS, MAINE — Fantini & Gorga has arranged a $4.9 million loan for the refinancing of a freestanding CVS/pharmacy in Wells, located about 33 miles south of Portland. Casimir Groblewski, managing director at Fantini & Gorga, represented Wells Realty LP, an affiliate of a Massachusetts-based development company, in the transaction. A regional financial institution provided the loan. The 13,225-square-foot building is located at 924 Post Road near I-95. It features a double-lane drive thru, one-hour photo lab, high volume pharmacy layout and more than 50 parking spaces.

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