Fantini & Gorga has placed $13 million in acquisition and repositioning funding for 1004-1016 Beacon Street, a centrally located retail space in Boston, MA submarket of Brookline.
Casimir Groblewski and Colin Monahan of Fantini & Gorga arranged the financing on behalf of Lineage RE Brookline LLC.
The property is a half mile from Fenway Park, on Brookline’s main shopping and dining thoroughfare. The location is steps from the Saint Mary’s Street stop on the Green Line trolly, and surrounded by well-known local restaurants and cafes, including Tatte Bakery & Café and Gyu-Kaku Japanese BBQ.
“Besides the initial acquisition component, the lender agreed to support the repositioning and renovation of the subject,” said Groblewski.
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