Search
 

NYC Lifestyle Ctr. Gets Financing

GLENDALE, NY- Atco Properties secures a $126 million construction loan to complete the 400,000-sf project, to open in the spring.

By Barbara Jarvie | Updated on March 01, 2006

GLENDALE, NY-Atco Properties and Management Inc. has closed on $126-million construction loan for the Shops at Atlas Park here. The funds, which were supplied by Wells Fargo & Co., will be used to complete the 400,000-sf project, according to Atco president H. Dale Hemmerdinger.

Dubbed the city’s first-ever lifestyle retail center, grand opening is scheduled for spring. For previous coverage on the project, click here.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.