REBusinessOnline

MARCONE CAPITAL REFINANCES N.H. SHOPPING CENTER

DOVER, N.H. — Marcone Capital has arranged a $13 million loan for the refinancing of a New Hampshire shopping center. Shaw's Plaza is located at 851 Central Ave. in Dover. The 165,000-square-foot property is anchored by Shaw's Supermarkets and tenanted by Bed, Bath & Beyond, Petco, Rite Aid and Rocky's Ace Hardware. Occupancy was 95 percent at the time of closing. The owner is an affiliate of Northstar Properties. Mike Marcone of Marcone Capital secured the financing, which was provided by a Connecticut savings bank.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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