JLL Capital Markets Arranges $33.56M Fixed-rate Loan For Saugus Retail Property On Broadway

The retail property located at 327 Broadway in Saugus, MA has recently undergone a closed property transaction. The property spans over 208,500 square feet and is owned by Finard Properties. The transaction involved securing a loan from HarborOne Bank and Salem Five, with a fixed-rate loan term. The loan amount for this transaction was $33,560,000.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $33,560,000
• Date: 02/08/2021
• Address: 327 Broadway, Saugus, MA
• Market: Saugus, MA
• Square Footage: 208,500

The brokers involved in this transaction were John Fowler, Chris Angelone, Brett Paulsrud, and Amy Lousararian from JLL Capital Markets, representing the buyer and seller.