HFF Arranges $34.5 Million Financing for Shopping Center in Metro Boston

by Katie Sloan

Cambridge, Mass. — HFF has arranged $34.5 million in first mortgage financing for Alewife Brook Parkway Shopping Center, a 47,004-square-foot retail center located roughly three miles outside Boston in Cambridge.

Tenants at the fully leased center include Trader Joe’s, CVS/pharmacy, TD Bank, Chipotle Mexican Grill, Mattress Firm, Sav-Mor Spirits, Genki-Ya and T-Mobile. Riaz Cassum, Brett Paulsrud and Andrew Gray of HFF worked on behalf of Linear Retail Properties LLC to place the fixed-rate loan with Nationwide Life Insurance Co.

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