Mixed-use Restoration/Renovation

Cook’s Corner Receives Financing

Brunswick, ME – Washington Trust’s Commercial Real Estate Group recently provided $18.75 million to Brunswick MZL, LLC for the refinancing and renovation of a 300,259sf multi-tenant retail space in Brunswick, Maine, known as “Cook’s Corner.”

Situated on a 24-acre parcel, the retail center is located at 8,11, 13 and 19 Gurnet Road with convenient access to Maine Route 24 (Bath Road).

The property hosts 17 tenants that includes Hannaford’s supermarket, TJ Maxx, Staples and Regal Cinemas. The loan will provide funding for significant upgrades to the property that will include new roofing, signage, paving, and storefront façade work.