News: Retail

Washington Trust provides $33.5 million financing

North Haven, CT Washington Trust’s commercial real estate group provided $33.5 million for the refinancing of North Haven Commons, a five building, multi-tenant retail property.  

North Haven Commons is located on Universal Drive North, off of I-91 (Exit 9) in a strong retail corridor. Constructed in 2008, the property is comprised of 196,447 s/f of retail space contained in five separate buildings.

Anchor tenants include Best Buy, Big Lots and Toys “R” Us/Babies “R” Us. Additional tenants include AT&T, Buffalo Wild Wings, Comcast, Froyoworld, Ideal Image, Olive Garden, Petco, Red Lobster and Ulta Beauty.

Tags: Retail
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McEvoy of Conrad Group facilitates $9.5m sale of Sterling Plaza

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.

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