Fantini & Gorga Secures Acquisition Financing for Waltham MXU
Fantini & Gorga secured a $2.2 million acquisition loan for a mixed-use building in Waltham. Located at 309 Moody St., the 23,000-square-foot property was built in the 1950s and was originally a Woolworth location. The current tenant roster includes Mattress Firm and Family Dollar.
The building also includes 3,000 square feet of office space above and warehouse space below grade.
Derek Coulombe of Fantini & Gorga secured the financing on behalf of the undisclosed buyer through a regional bank. Additional proceeds of the loan will go towards renovating and repurposing the second-floor office space.
David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector.
Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA.
David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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