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Retail

Permanent Loan - Refinance

  • $11,000,000
  • 105,229 SF Shopping Center
  • Fairfield, CT

Axiom Capital Corp. has structured and arranged an $11,000,000 permanent loan for the redevelopment of a recently closed Kohl’s department store to two-tenant retail property in Fairfield, Connecticut.

The Property is strategically positioned with exposure to car traffic from three different streets: Greenfield Street, Villa Avenue (9,900 AADT) and Tunxis Hill Road (10,300 AADT). From the Property, Kings Highway (13,200 AADT) is 0.2 miles southeast and Interstate 95 (130,100 AADT) is approximately a mile to south. The Property is within a primary retail corridor with nearby national/credit tenants, including Stop & Shop, Subway, Dunkin, Starbucks, People’s United Bank and more.