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Romspen Provides $30.5M Refinance Loan For Retail Property In Williamsburg, VA

4911 Courthouse Street - New Town Shops on Main
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This Retail property located in VA received a loan of $30,500,000 over 1 year ago. The brokers of the deal were Zach Redding and Dylan Kane

The property involved in this closed transaction is a retail space located at 4911 Courthouse St. in the New Town Shops on Main development in Williamsburg, VA. The property has a total square footage of 248,176. The landlord of the property is Developers Realty Corporation.

Summary of transaction details

The loan for this transaction was provided by Romspen. The loan amount is $30,500,000 and it was a refinance loan. Dylan Kane and Zach Redding from Colliers represented the parties involved in the deal.

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Deals
  • Location
    4911 Courthouse Street4911 Courthouse Street
  • Loan Value
    $30,500,000$30,500,000
  • Asset Type
    RetailRetail
  • Parties
    2 Brokers, 1 Agency, 1 Lender2 Brokers, 1 Agency, 1 Lender

Agents

Zach Redding

Zach Redding

Deals22
Financed$385.6M

Agency

Colliers International

Colliers International

Agency
Deals1674
Volume$36.2B

Romspen

Romspen

Lender
Deals4
Volume$ 11.1B

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Deal Summary

LOAN IMAGE: Dylan Kane & Zach Redding DATE: 08/04/2022 ADDRESS: 4911 Courthouse St. - New Town Shops on Main MARKET: Williamsburg, VA ASSET TYPE: Retail - SF: 248,176 LENDER: Romspen LANDLORD: Developers Realty Corporation BROKERS: Dylan Kane (@DylanKane1) & Zach Redding (@ZRedds) - Colliers LOAN AMOUNT: $30,500,000 LOAN TYPE: Refinance

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4911 Courthouse Street - New Town Shops on Main

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