JLL Capital Markets Secures $11.5 Million Loan For Elm & Main In Westport, CT
Connecticut
See Similar DealsJLL Capital Markets Secures $11.5 Million Loan For Elm & Main In Westport, CT
136 Main Street
See Similar DealsSummary
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.
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