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Franklin, Mass. — NorthMarq Capital has arranged the $50 million refinancing of Franklin Village, a 303,096-square-foot, grocery-anchored mixed-use center located in the Boston suburb of Franklin.
The 10-year loan features a 30-year amortization schedule. Greg Nalbandian and Doug Nickerson of NorthMarq arranged the financing through Sun Life of Canada for the undisclosed borrower. Major tenants at Franklin Village include Stop & Shop, Dress Barn and Marshalls.