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Shopping Centers
Posted: May 19, 2008
Kennedy of Largo arranges $1.9m first mortgage financing for Rite Aid
Christopher Kennedy, account executive for Largo Real Estate Advisors, Inc. recently arranged first mortgage financing in the amount of $1.9 million for a local Rite Aid. The property is located along Rte. 211, one mile from I-84. The subject property consists of 13,500 s/f on 2.38 acres. Rite Aid is situated less than one mile from the Galleria Mall.
Kennedy secured a 10-year fixed rate loan and a 20-year amortization schedule for the borrower.
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Shopping Centers
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