FINANCED
Mesa South Center LP Secures $8M Loan For Mesa South Shopping Center Acquisition
1230 South Gilbert Road
Retail
133,663 SF
133,663 SF
Financed 80 days ago
Summary
Loan
ARIZONA
Retail
133,663 sqft
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.
Players
Details
FINANCED
IMAGE: Bruce Francis, Robert Ybarra, Shaun Moothart, Doug Birrell, Jim Korinek & Nick Santangelo
DATE: 02/12/2024
ADDRESS: 1230 South Gilbert Road
MARKET: Mesa, AZ
ASSET TYPE: Retail ~ SF: 133,663
LANDLORD: Mesa South Center LP
BROKERS: Bruce Francis, Doug Birrell, Jim Korinek, Nick Santangelo, Robert Ybarra & Shaun Moothart - CBRE
LOAN AMOUNT: $8,000,000
LOAN TYPE: Acquisition
LOAN TERMS: 10-year loan
NOTE: Mesa South Center LP secured $8 million in financing for the acquisition of Mesa South Shopping Center in Mesa, bought for $15 million from an undisclosed seller.View on map
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Address1230 South Gilbert Road
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