Brand Street Properties Secures $76.9 Million Acquisition Loan For The Shops At Evergreen Walk

The Shops at Evergreen Walk is a retail asset located at 501 Evergreen Way in South Windsor, Connecticut, comprising 357,742 square feet. Brand Street Properties has secured a $76.9 million acquisition loan to facilitate the purchase of this retail center.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $76,900,000
• Asset Size: 357,742 SF
• Address: 501 Evergreen Way
• Market: South Windsor, CT
• Landlord: Paul Brandes - Brand Street Properties
• Brokers: Chris Angelone, Zach Nitsche & Scott Aiese - JLL
• Loan Type: Acquisition

JLL Capital Markets arranged joint venture equity with Barings alongside the acquisition loan from an international bank, acting on behalf of Brand Street Properties in this transaction.