Murphy PC Advises Borrower in Refinancing of Lifestyle Shopping Center North of Boston

December 18, 2025-Murphy PC represented a borrower limited liability company in connection with the refinancing of a lifestyle center located North of Boston, Massachusetts.

The borrower is an affiliate of a property owner and development company with substantial shopping plaza holdings in Massachusetts and California. The company specializes in community-oriented retail centers anchored by essential service tenants. Its portfolio includes multiple lifestyle centers and neighborhood shopping plazas.

The shopping plaza features a diverse mix of tenants serving the local community, including a bank, market, barber shop, liquor store, grill, body shop, fitness center, yoga studio, dance studio, and town offices.

The transaction involved negotiating comprehensive loan documentation with a regional lender, as well as coordinating subordination, non-disturbance and attornment agreements and estoppel certificates with major tenants to satisfy lender requirements. Murphy PC also served as title counsel, issuing a lender’s title insurance policy and related endorsements.

About Murphy PC

Murphy PC is a Boston-based law firm specializing in substantial real estate and business transactions for real estate developers and investors. The firm’s practice includes project development, acquisitions and dispositions, joint venture agreements, construction contracts, financing, leasing, and title insurance matters across residential, mixed-use, condominium, multi-family, office, retail, educational, industrial, hospitality, and restaurant sectors.