BOSTON- Fantini & Gorga announced the placement of a $1,700,000 facility for the refinancing of an Advance Auto in Fall River, MA. The property is located at the corner of Tucker Street and Rhode Island Avenue in Fall River.
The Fantini & Gorga team was led by Casimir Groblewski, Senior Managing Director, who together with Jon Garcia, Analyst, arranged the financing through a Massachusetts based credit union.
“We were pleased to be able to deliver competitive, 5-year renewable fixed rate financing with a 30-year amortization schedule for our client” stated Groblewski.
The subject property, which contains 9,800 square feet of rentable area situated on 1.02 acres of land along Rhode Island Avenue in Fall River, a major retail corridor, close to both local and regional highways. This store serves as the distribution point for all Advance Auto tenants throughout the Cape, southeastern Massachusetts, and Rhode Island.
