Sheldrick of Largo Group of Cos. arranges $5.9 million permanent financing for three retail and office properties

May 17, 2017 - Front Section
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Brian Sheldrick,
Largo Group of Cos.

Hudson Falls, NY Brian Sheldrick, managing director of the Largo Group of Cos., arranged $5.9 million in permanent financing for three retail and office properties. 

Kings Plaza Shopping Center, located along Burgoyne Ave., is an 81,000 s/f grocery anchored retail plaza, anchored by Hannaford Supermarket.

Meadowview Plaza, located on West Rd. in Ellington, Conn., totals 45,000 s/f and is anchored by a medical office operated by Eastern Connecticut Health Network.

West Elm Office Commons, located along Elm St. in Rocky Hill, Conn., is comprised of a mix of four office buildings totaling 51,500 s/f. The office complex hosts professional tenants and is located near I-91 and Rte 9. 

Sheldrick arranged a 10-year, fixed rate permanent first mortgage with a 25-year amortization for each individual property.