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Westport, Conn. — Aubuchon Realty Co. has received $11.5 million in permanent financing for Elm & Main, a 23,954-square-foot mixed-use office and retail center located in downtown Westport. Henry Schaffer, Hunter Cuthbertson, Chris Angelone and Zach Nitsche of JLL’s Debt Advisory team arranged the fixed-rate loan through a correspondent life insurance company on behalf of the borrower.
Originally built in 1963, Elm & Main features 12,010 square feet of ground-floor retail and 11,944 square feet of second-floor office space, along with 28 parking spaces. Additionally, the property will welcome Sephora as its new anchor tenant in late 2027. Other tenants at the development include Beyond Yoga, Lux Bond & Green and Everything But Water.