Jones Lang LaSalle Inc.
10/21/2025 | Press release | Archived content
$11.5M permanent financing arranged for mixed-use center in Connecticut
BOSTON, Oct. 21, 2025 - JLL Capital Markets announced today that it has arranged $11.5 million in permanent financing for Elm & Main, a mixed-use retail and office center located in the heart of Downtown Westport, Connecticut.
JLL represented the borrower, Aubuchon Realty Company, Inc., in securing the fixed-rate loan through a correspondent life company relationship.
Elm & Main is strategically positioned at 136 Main St. along Westport's highly desirable retail corridor. The 23,954-square-foot mixed-use center is 95% leased and includes 12,010 square feet of ground floor retail and 11,944 square feet of second floor office space along with 28 surface parking spaces.
The property will welcome Sephora as a new anchor tenant in late 2027 and currently features a strong tenant mix including Beyond Yoga, Lux Bond & Green and Everything But Water. Built in 1963, the property is the only center on Main St. in Westport that features private parking.
JLL Capital Market's Debt Advisory team representing the borrower was led by Managing Director Henry Schaffer and Associate Hunter Cuthbertson, with Chris Angelone and Zach Nitsche from JLL also advising on the transaction.
"Main street retail environments like Westport continue to demonstrate remarkable resilience and performance," said Schaffer. "Elm & Main represents the best of what main street retail has to offer - a walkable, community-oriented shopping destination that appeals to name-brand tenants and local shoppers who value a more authentic and local retail experience."
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients - whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL's newsroom.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Aubuchon Realty Company, Inc.
Aubuchon Realty is a private, family-owned real estate firm with over 90 years of experience managing a diverse portfolio of commercial and residential properties primarily in the New England region.
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