Common Bond Development Group Secures $16.5M Loan For Retail Center In Surprise AZ

The property involved in this transaction is a fully leased retail center anchored by Safeway, located at 17124 West Peoria Avenue, Surprise, AZ. The asset is categorized as retail and has a loan amount of $16,500,000.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $16,500,000
• Address: 17124 West Peoria Avenue
• Market: Surprise, AZ
• Landlord: Common Bond Development Group
• Broker: Jason Carlos - JLL

JLL Capital Markets was responsible for securing the senior financing for this transaction, with Jason Carlos leading the Debt Advisory team. The loan was arranged through Nationwide, highlighting the collaborative efforts of the involved parties in securing this financial agreement.