CHESTER, NJ-The New Jersey office of Holliday Fenoglio Fowler L.P. has arranged $15.3 million in financing for the Streets of Chester, a 104,682-square-foot retail center here. Working exclusively on behalf of Core Plus Partners LLC, HFF senior managing director Jon Mikula placed the fixed-rate loan with Starwood Capital. Loan proceeds were used to acquire the property.

Completed in 2006, the Streets of Chester consists of two single-story buildings that are 92% occupied by tenants including Talbots, the Gap, Ann Taylor, Chico’s, J-Crew, White House/Black Market, Banana Republic, Coach and Coldwater Creek. The property is situated on a 12.9-acre site at 128 Rt. 206 S. in Chester’s central business district. “An affluent consumer base, lack of competition and its location on a high-traffic corridor makes the Streets of Chester a desired locale for a wide array of retailers,” Mikula tells GlobeSt.com.

Core Plus is a private real estate investment and management company headquartered in Stamford, CT, which focuses on class A and B commercial office and retail properties in the CBDs and metropolitan areas of the Northeast and Mid-Atlantic states.