DealPoint Merrill Closes Escrow on a 65,658 Square Foot Shaw's Grocery Redevelopment and a Construction Loan for its former Walmart Redevelopment Project

Aug 11, 2015, 00:05 ET from DealPoint Merrill

LOS ANGELES, Aug. 11, 2015 /PRNewswire/ -- DealPoint Merrill recently closed escrow on a 65,658 square foot Shaw's grocery retail center for redevelopment in New Britain, Connecticut, and a $4.5 million construction loan for the Joliet, Illinois Shopping Center.

DealPoint Merrill's executives, David Frank, CEO, negotiated both transactions, and Sterling McGregor, Chief Investment Officer, handled the due diligence for the purchase and financing. The acquisition was completed by Jason Limbert of DealPoint Merrill.

About DealPoint Merrill

DealPoint Merrill is an owner and operator of value-added real estate opportunities and sponsor of real estate investment offerings. Based in Los Angeles, DealPoint Merrill is a partner with Sperry Van Ness Real Estate International with 190 offices nationwide and abroad. For more information visit our website at: www.dealpointmerrill.com

 

SOURCE DealPoint Merrill



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