R.J. Waters & Associates, Inc. closes $13 million loan

R.J. Waters & Associates, Inc. closes $13 million loan on its’ Cross Keys Place Shopping Center in Doylestown, PA.

Doylestown, PA (Bucks County) – August 31, 2010 – R.J. Waters & Associates, Inc., Southeast Pennsylvania’s premier development, management, leasing, and brokerage firm, has closed on a $13 million loan on its’ Cross Keys Place Shopping Center in Doylestown, PA. This permanent loan was funded by PPM/Jackson National Life, and the mortgage broker was Carey, Kramer, Pettit, Panichelli and Associates, Inc.

The Cross Keys Place Shopping Center is located at the intersection of Rt. 313 & 611 in Doylestown, PA. The 206,179 square foot Shopping Center is anchored by Big Kmart, Giant Foods, and CVS.

About R.J. Waters & Associates

R. J. Waters & Associates, Inc. is a commercial real estate development, management, leasing, and brokerage firm located in Southeast, Pennsylvania.  R.J Waters & Associates, Inc. manages and leases 21 neighborhood shopping centers throughout Pennsylvania, Delaware, and Virginia. Collectively, we manage over 2.4 million sq. feet of retail space, catering to the needs of over 350 tenants.  Please visit our website at www.rjwaters.com.

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