(To read more on the debt and equity markets, click here.)

WESTPORT, CT-The ownership of Nash’s Plaza, a 29,000-sf office/retail complex at 175-181 Post Rd. West here, has secured a $4.2-million refinancing deal. The four-building complex includes a historic 18th-century colonial building that has been converted to multi-tenant office use.

The Westport office of Holliday Fenoglio Fowler arranged the refinancing transaction for Nash’s Plaza, LLC that involved a 10-year secured fixed rate loan through IDS Life Insurance Co. Nash’s Plaza is operated and leased by Roger Leifer, a noted Fairfield County investor who has 19 office and retail properties under management. Holliday Fenoglio Fowler managing director Al Epstein and director Christine Riniti worked on the deal.

Nash’s Plaza is 99% leased to a total of 29 retail and office tenants. Among the tenants at the complex are Beverly Ellsley Designs, Ceramic Designs, John Dougherty Accountants and Platinum Real Estate. The building, which faces Route 1, has parking for 82 vehicles.

HFF officials say that the ownership of Nash’s Plaza has spent more than $1 million in capital upgrades to the property over the past three years. “The property has a New England motif and much has been invested to give it great charm and comfort,” Riniti says. “An office tenant can expect a highly-finished workspace, as well as the convenience of going to the adjoining building to pick up a salad or his restrung tennis racket.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper


GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.