Protective Life Provides $10.5 Million Refinancing for Shopping Center in New Bedford, Massachusetts

by Hayden Spiess

New Bedford, Mass. — Protective Life, the Alabama-based holding company of Protective Life Insurance Co., has provided a $10.5 million refinancing for Rockdale Plaza, a 100,015-square-foot shopping center located in New Bedford. Stop & Shop anchors the center. The borrower, Yale Realty Services Corp., acquired the property in 1997.

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