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

Property Image
FINANCED
$76,900,000

Connecticut

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Retail357,742 SF
Financed 01/15/2026
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Property Image
FINANCED

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

501 Evergreen Way

See Similar Deals
Retail357,742 SF
Financed 01/15/2026
Contact now

Summary

CONNECTICUT
Asset Type:Retail
Price Per Square Foot:$215
Total Square Footage:357,742 SF
Transaction Type:Loan

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.

Players

Scott Aiese
30 deals$2.7B volume
BROKER

Chris Angelone
JLL
24 deals$2.2B volume(617) 316-6466
BROKER

Zach Nitsche
JLL
9 deals$373M volume(617) 316-6460
BROKER

Details

FINANCED
IMAGE: Paul Brandes, Chris Angelone, Zach Nitsche & Scott Aiese DATE: 01/15/2026 ADDRESS: 501 Evergreen Way MARKET: South Windsor, CT ASSET TYPE: Retail ~ SF: 357,742 LANDLORD: Paul Brandes - Brand Street Properties BROKERS: Chris Angelone, Zach Nitsche (@ZNitsche) & Scott Aiese - JLL (@JLL) LOAN AMOUNT: $76,900,000 LOAN TYPE: Acquisition NOTE: JLL Capital Markets arranged joint venture equity with Barings and a $76.9 million acquisition loan from an international bank for Brand Street Properties’ purchase of The Shops at Evergreen Walk, a 357,742-square-foot retail center in South Windsor, Connecticut.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$76,900,000.00

Monthly NOI$512,666.67
Monthly Debt Service$486,060.31
Change in Cash Flow$0.00
Refinance Proceeds$0.00