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Doug Nickerson, Nickerson Financial Corporation, Mashpee Massachusetts is pleased to announce the placement of a construction loan in the amount of $4,000,000 on behalf its client Midland Management LLC.  



 

 


Price Rite Store
866 Pleasant Street
Fall River, Massachusetts

The property now completed is a 31,000 square foot steel building and is 100% occupied by a Price Rite Store. Price Rite is a subsidiary of Wakefern Foods. The property is strategically located at 866 Pleasant Street. The market will serve the local and surrounding communities.   

Midland Management acted as general contractor and expeditiously met the tenant’s occupancy deadline.

 

   


Doug Nickerson stated “We were pleased to have had the opportunity to introduce our client to a lender whose commitment to service assisted in bringing the project to completion in a timely manner.”

The rate on the $4,000,000 construction loan is libor based.

 

             For Latest Rates, Programs, Closings visit Nickerson Financial’s web site

                            www.nickersonfinancialcorp.com 

 
 

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