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MANSFIELD, MA-Mansfield Marketplace, the 23,840-square-foot-retail center is grabbing $8 million of construction and permanent financing from a regionally based bank. The two buildings–being developed by Concord, MA-based Hecht Development just off Route 140. Fantini & Gorga originated and placed the loan, but would not comment on terms of the lease.

“The strength of the sponsor, preleasing and location allowed us to place financing for this project, says John Gorga, president and principal of Fantini & Gorga. Gorga originated and placed the loan along with managing director, Joe Eddy.

Current tenants are AT&T, Sleepy’s and Chipotle restaurant. The project currently has a “few thousand square feet available” according to a release from Fantini & Gorga. Mansfield Marketplace covers 6.25 acres across the street from 380,000 square foot Mansfield Crossing project, which boasts tenants L.L. Bean, Kohl’s , Best Buy, Borders, Sports Authority, Michaels, PETCO, T.G.I. Friday’s, Bertucci’s and Starbucks.

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