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Sources Of Financing
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Sources Of Financing Pacific Coast Capital Partners (866-PCCP-LLC) closed a $10.76 million loan to Westrust for the construction of a 66,500 sq.ft. retail space in Hawthorne, CA.
Northmarq Capital, Inc. (913-469-5840) arranged a $3.325 million loan on a freestanding retail building occupied by Ultimate Electronics with Farm Bureau Life Insurance Co. The newly-constructed building consists of 31,000 sq.ft. and is situated on a land area of 3.3 acres located at the intersection of Barry Road and North Marston Avenue in Kansas City, MO.
L.J. Melody & Co. (214-692-9111) arranged permanent, fixed-rate financing of $22.2 million for The Fountains in Overland Park, KS. The 128,000 sq.ft. center is tenanted by Wild Oats Market and The Cheesecake Factory. The company also arranged financing of $10.35 million for the acquisition of Publix at University Village, a 60,000 sq.ft. center located in St. Petersburg, FL. Terms of the financing include an eight-year term and an amortization of 30 years. Tenants include Eckerd, Hollywood Video and Publix.
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