Premier retail center secures $123.6 Million financing in Boston MSA
United States, Aug. 20 -- JLL Capital Markets announced that it has secured a $123.6 million financing for a portion of Shoppers World, a dominant 752,000-square-foot retail center located in Framingham, Massachusetts.JLL worked on behalf of the borrower, Urban Edge Properties, in arranging the four-year, fixed-rate loan.Shoppers World is strategically positioned at 1 Worcester Rd. at the intersection of Rte-9 and Rte-30, providing exceptional visibility and access in one of Boston MSA's premier retail corridors. The property benefits from strong connectivity to major transportation routes including I-90, I-95 and I-495, offering convenient access to Boston and surrounding suburbs.The retail center is 99% leased and features an impressive r...
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