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Lewandowski Commons in Lyndhurst is part of a $71.3 million acquisition financing package.
JLL Capital Markets arranged $71.3 million in acquisition financing for seven grocery-anchored shopping centers.
KEY POINTS
- Lewandowski Commons in Lyndhurst, NJ, is anchored by Stop & Shop and is part of this package.
- All seven centers are 99.7% leased and generate grocer sales of over $700 per square foot.
- The Southeast portfolio includes centers anchored by Publix and Kroger in Atlanta, Myrtle Beach, and Virginia Beach.
- Protective Life financed the NJ center, while Nationwide financed the Southeast portfolio for Medipower Group.
COMPANIES
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