In March of 2019, Emerald Creek Capital provided a $4,500,000 refinance in the Liberty Heights neighborhood of Springfield, MA. The loan is secured by a 14,820 square foot free-standing retail building currently leased to Walgreens pharmacy. Situated on a 1.815-acre lot, the subject property also includes 60 parking spaces and benefits from a prime location at the intersection of two main thoroughfares. Liberty Heights is a desirable residential neighborhood in northern Springfield, and is home to the city’s largest park, Van Horn Park. The subject property is easily accessible by the Massachusetts Turnpike and Interstate 291.
For more information, please contact:
Jeff Seidler, Managing Director