JLL Capital Markets Secures $11.5 Million Loan For Elm & Main In Westport, CT

The property asset involved is a mixed-use retail and office center located at 136 Main Street in Westport, CT. The asset encompasses a square footage of 23,954 and has nearly full leasing, with a new Sephora anchor scheduled for late 2027. The transaction was supported by a loan amount of $11,500,000.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $11,500,000
• Address: 136 Main Street
• Market: Westport, CT
• Landlord: Aubuchon Realty Company
• Brokers: Chris Angelone, Zach Nitsche & Hunter Cuthbertson - JLL

JLL Capital Markets was responsible for arranging the permanent financing for the mixed-use asset, with the loan secured through a life company. The Debt Advisory team from JLL emphasized the strength of the retail environment along Westport's Main Street.