Northeast Bank Provides $30 Million Loan To Treeco For Retail Acquisition In Back Bay

The asset involved in this transaction is a retail property located at 375 Newbury Street, 292-296 Newbury Street, 304 Newbury Street, and 108 Newbury Street in the Back Bay market, encompassing a total square footage of 54,500. The lending for this acquisition loan amounts to $30,000,000.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $30,000,000
• Loan Type: Acquisition
• Lender: Northeast Bank
• Landlord: Treeco
• Brokers: Daniel Fromm, Dan Axelson & Jack Fenton - Newmark

The transaction involved key representatives from Newmark, showcasing the expertise of Daniel Fromm, Dan Axelson, and Jack Fenton who facilitated the loan process between the involved parties.