$2,800,000 | Permanent Loan | Flex-Industrial

Fantini & Gorga arranged $2,800,000 in first mortgage financing for a 36,660-square foot, flex/industrial property located in Shrewsbury, MA.

The building was constructed on a 3.79-acre site in 1985. The property is broken up into 8 rental units, with 9 loading docks. The property is leased to five commercial tenants, which include Jenny B Companies, United Medical Systems and Up, Up and Play Day Care. The location is ideally situated between route 20 and route 140 on the inbound side of highly trafficked route 9. This area has seen a reemergence since Wegmans opened near the route 20 intersection in 2011.