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Kimco Center Secures $100M Refi

ARDMORE, PA-The firm lands the refinancing from M&T Bank in a deal arranged by Cushman & Wakefield Sonnenblick Goldman.

By Ian Ritter | Updated on May 11, 2009

ARDMORE, PA-Suburban Square, a Kimco Realty Trust center here that was built in 1928, received a $100 million refinancing from M&T Bank of New York City, in a deal arranged by Cushman & Wakefield Sonnenblick Goldman.

The center, which has 323,000 square feet of retail and 37,000 square feet of offices and is off the Main Line railroad, is anchored by Macy’s. Other tenants include Apple, Trader Joe’s and Urban Outfitters.

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