ArrowMark Partners Provides $33.5M Refinance Loan For Developers Realty Corporation In Williamsburg VA

The asset involved in this transaction is a retail property located on Ironbound Road in Williamsburg, VA. The refinancing loan amount secured for this property is $33,500,000, indicating considerable investment in the retail segment of the market.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $33,500,000
• Loan Type: Refinance
• Lender: ArrowMark Partners
• Landlord: Developers Realty Corporation
• Brokers: Dylan Kane & Zachary Redding - Colliers
• Date: 05/20/2025

Colliers Capital Markets played a key role by arranging the refinancing for New Town Shops on Main, showcasing their involvement in securing the loan from ArrowMark Partners for the landlords, Developers Realty Corporation. This transaction highlights the collaboration between these firms in the retail market sector.