CBRE/New England Debt & Equity Finance Team Arranges $35.6M Financing for BJ’s Plaza, Brookfield, CT
Tuesday, October 8, 2013
CBRE/New England Debt & Equity Finance Team Arranges
$35.6M Financing for BJ’s Plaza, Brookfield, CT
First mortgage financing obtained from Webster Bank
BOSTON (Oct. 8, 2013) — On behalf of Samuels & Associates and Weiner Ventures, CBRE/New England’s Debt & Equity Finance team recently secured first mortgage financing from Webster Bank for BJ’s Plaza in Brookfield, Connecticut, a ±131,324 SF, BJ’s Wholesale Club-anchored shopping center located at 106 Federal Road. In addition to the 117,924 SF freestanding BJ’s Wholesale Club, BJ’s Plaza has three freestanding outparcels consisting of a Bank of America, Savings Bank of Danbury and a to-be-built Chick-fil-A.
The CBRE/NE team of Kyle Juszczyszyn, Carlos Febres-Mazzei and Josh Klimkiewicz negotiated the transaction on behalf of the owners, Samuels & Associates and Weiner Ventures.
“The property received a tremendous amount of interest from the lending community due to its location and premier sponsorship. Webster Bank was very competitive and executed the deal flawlessly. It was a pleasure to be able to work with Claudia Piper from Webster Bank on this transaction,” said CBRE/NE’s Kyle Juszczyszyn, Senior Vice President at CBRE/NE.
CBRE Capital Markets is the leading provider of capital solutions and investment sales for the real estate investment community that leverages the strengths of CBRE, the world’s leading real estate services firm, with more than 300 offices in 84 countries. The Boston office of CBRE that includes Juszczyszyn, Febres-Mazzei and Klimkiewicz has been active in placing hundreds of millions of dollars of debt and equity in 2013.
About CBRE/New England
CB Richard Ellis – N.E. Partners, LP, a joint venture with CBRE Group, Inc. has offices in Massachusetts, Connecticut, Rhode Island, Maine and New Hampshire. Please visit our website at www.cbre-ne.com. CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2012 revenue). The company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.