Legg Mason Real Estate Services (215-496-3000) arranged a first mortgage loan of $85.5 million for the Columbia Village Centers portfolio in Columbia, MD. The financing was based on a five-year term with an amortization of 25 years. The portfolio comprises 12 shopping centers that contain a GLA of 829,468 sq.ft. The company also arranged a first mortgage loan of $800,000 for Dollar Tree located in Lenior, NC. The company also arranged a first mortgage loan of $13.7 million for a BJ’s Wholesale Club and an adjacent retail center located in White Marsh, MD. Financing was based on a 10-year term with an amortization of 30 years. The company also arranged a leasehold financing of $12.5 million for a planned 125,000 sq.ft. Wegman’s Food Store located in Stirling, VA. The financing was based on a six-year term with interest only during the entire term.

Saul Centers, Inc. (301-986-6220) closed a $125 million unsecured revolving credit facility to provide the company working capital and funds for redevelopments and acquisitions. The line has a three-year term and provides for an additional one-year extension at the company’s option. The new line is a $55 million expansion of a prior revolver. Currently, $42.5 million is outstanding under the line, with interest calculated using LIBOR plus 1.625%.