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The Grossman Cos. Receives $7.88M In Financing

March 23, 2016 | Reprints | Unlock Link | Print

CBRE/New England has secured approximately $7.88 million in permanent financing with HarborOne Bank for a property in Killingly.

The long-term, fixed rate loan was provided to the affiliates of The Grossman Cos. to refinance a maturing loan.

The industrial building at 349 Lake Road is situated on 20.74 acres. The property is fully leased to C&M Corp. and Superwinch with a long-term parking lease to Rite Aid.

CBRE/NE’s Kyle Juszczyszyn and Chris Coutts secured the financing.