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Boston — Fantini & Gorga has arranged $9 million in permanent first mortgage financing for two Massachusetts retail properties, including a Walgreens in Newton Centre and a multi-tenanted property in Burlington, on behalf of a Boston-based family investment and development firm.
The Fantini & Gorga team of Casimir Groblewski, Tim O’Donnell and Despina Hatzipetrou arranged the financing with a major Massachusetts-based financial institution. Containing 9,744 square feet of net rentable space, the Walgreens opened for business in the late 1980s. The Burlington property is fully leased to three well-known regionally based tenants.