Mesa South Center LP Secures $8M Loan For Mesa South Shopping Center Acquisition

The Mesa South Shopping Center, located at 1230 South Gilbert Road in Mesa, AZ, spans 133,663 square feet and was acquired for $15 million. Mesa South Center LP secured an $8 million loan for the acquisition of this retail property.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $8,000,000
• Landlord: Mesa South Center LP
• Brokers: Bruce Francis, Doug Birrell, Jim Korinek, Nick Santangelo, Robert Ybarra & Shaun Moothart - CBRE

The loan for the acquisition of the Mesa South Shopping Center was facilitated by Bruce Francis, Doug Birrell, Jim Korinek, Nick Santangelo, Robert Ybarra, and Shaun Moothart from CBRE. The property was bought for $15 million from an undisclosed seller.