DealPoint Merrill Closed Escrow on a 65,658 S.F. Shaw’s Grocery for Redevelopment in New Britain, Connecticut

DealPoint Merrill Closes Escrow on a 65,658 Square Foot Shaw’s Grocery Redevelopment and a Construction Loan for its former Wal-Mart Redevelopment Project

LOS ANGELES, August, 2015—DealPoint Merrill recently closed escrow on a 65,658 square foot Shaw’s grocery retail center for redevelopment in New Britain, Connecticut, and a $4.5 million construction loan for the Joliet, Illinois Shopping Center.

DealPoint Merrill’s executives, David Frank, CEO, negotiated both transactions, and Sterling McGregor, Chief Investment Officer, handled the due diligence for the purchase and financing. The acquisition was completed by Jason Limbert of DealPoint Merrill.