Shopping Plaza with National Retail Tenants, Saugus, Massachusetts

The project consists of a 200,000 square foot shopping plaza with national retail tenants, including Kohl’s, Petco, Dr. Dental, Carter’s, Title Boxing, Work-N-Gear, and a new national grocery store chain.

Murphy PC represented the owner in a $30M refinance transaction with a regional lender to provide financing for the buildout of the new national grocery store chain.   Murphy PC negotiated loan documents, advised on construction related issues, coordinated title, zoning and tenant due diligence matters, including tenant estoppels and SNDAs.

Murphy PC is a law firm in Boston, Massachusetts representing, developers, investors, owners, asset managers, and sponsors in all aspects of real estate, including project development, acquisitions and dispositions, joint ventures, capital markets, commercial leasing, design and construction contracts, and title and escrow services.  Our real estate capabilities include a variety of sectors and asset classes in small to middle-market segments, including, mixed-use, multi-family, office, retail, and restaurant.

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