SoNo Square in Norwalk secures $11.5M in financing

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A mixed-use complex in Norwalk called SoNo Square has secured $11.5 million in financing, the Fairfield County Business Journal reported. Cronheim Mortgage arranged the loan for the borrower, SoNo Square Associates LLC, an affiliate of David Adam Realty in Westport. The 94,472-square-foot SoNo Square houses retail, office, and industrial tenants, including Pedego Electric Bikes and boating supply and fishing retailer West Marine, according to the outlet. In September, The Norwalk Hour reported on the closure of a Lillian August SoNo annex, as the home furnishings company seeks to steer customers to its other stores in Greenwich, Norwalk, and Stamford. [FBJ]