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September 23, 2019Cart

Business

by Fairfield County Business Journal
by FCBJ

$11.5 million in financing set for SoNo Square in Norwalk

Cronheim Mortgage has arranged $11.5 million in financing for SoNo Square. The 10-year

loan was structured with three years of interest-only payments and amortizes over a 30-year schedule thereafter for the borrower.

The borrower, SoNo Square Associates LLC, is an affiliate of Westport-based David Adam Realty.

Tenants at the 94,472-square-foot retail, office, and industrial property include Lillian August SoNo Annex, Pedego Electric Bikes and West Marine.