Nickerson Financial arranges

Orleans, Massachusetts- Doug Nickerson, Nickerson Financial Corporation, Cataumet Massachusetts is pleased to announce the placement of a loan on behalf of Orleans Marketplace, LLC in the amount of $7,250,000 for the Orleans Marketplace, Orleans, MA . The loan facilitated the refinancing of the clients shopping center.
	Orleans Marketplace Route 6A Orleans, Massachusetts The 86,000 + multi tenant retail plaza is strategically located on Route 6A, Orleans MA . The major tenants include Staples, Brooks Drug, Sherman Williams Blockbuster (franchisee) and several local tenants.

	Doug Nickerson stated, “We were pleased to have had the opportunity to work with the owners in placing this transaction with a lender who not only recognized the quality of tenants in the plaza but also the high degree of professional management of the center that our clients bring to the transaction. As a result, we assisted them in obtaining a loan in the amount of $7,250,000 at a fixed rate for ten years at 5.70%, amortized over 30yrs. For Latest Rates, Programs, Closings visit Nickerson Financial’s web site www.nickersonfinancialcorp.com