Spaulding & Slye represented the building owner in thetransaction that was conducted with a "major commercial bank."Walter E. Mercer, senior vice president of Spaulding & Slyecommented, "The property is at 'ground zero' in the Route 128Burlington market and the high level of investor interest relatedthe quality of the location, borrower and tenant."
The loan deal amounted to 95% of the projected constructioncosts associated with the development of the 4 Van DeGraafproperty. Spaulding & Slyle Colliers is also serving asdevelopment manager, leasing agent, property manager and contractorfor the project.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
