Falmouth, MA Matt Marshall, vice president of NorthMarq Capital’s Boston regional office arranged the $1.1 million refinance of 199 Main St., a 9,609 s/f retail property. NorthMarq arranged financing for the borrower through its relationship with a local bank.
“The borrower’s long-term ownership of the property and the excellent location in downtown Falmouth on Main St. were key factors in the success of the transaction,” said Marshall.
NorthMarq Capital provides debt, equity and commercial loan servicing through its 36 offices across the U.S.
Randolph, MA Sterling Trust has sold its Sterling Plaza neighborhood retail site located at 45 Mazzeo Dr. to The Shops at Randolph, LLC. The property is home to several restaurants, including the West End Grill, The Well, Outback Steakhouse and It’s Game Time Sportsbar.
Placemaking. That is the word for 2024. While the concept has historical precedence in urban development, it became part of our current culture in the 1960’s when urbanists started to think about cities for people, not just cars.