facebook

traded

+ Submit
Home

/

Deals

/

California

/

Retail

/

Loan

/

10742 Trinity Parkway Eight...

Raider Hill Advisors And Farallon Capital Secure $50M Refinance For Park West Place In Stockton
FINANCEDRetail

Raider Hill Advisors And Farallon Capital Secure $50M Refinance For Park West Place In Stockton

10742 Trinity Parkway Eight Mile Rd & I 5

$50,000,000

$90/SF

Building Size

554,438 SF

Asset Type

Retail

Closing

Sep 11, 2025

AI

The property asset involved in this transaction is Park West Place, a retail power center located at 10742 Trinity Parkway, at the intersection of Eight Mile Rd & I-5 in Stockton. The asset encompasses a substantial area of 554,438 square feet and is situated on 58.6 acres of land. This property was built in 2008 and is currently 96.4% leased to 46 tenants, including major retailers such as Lowe’s, Kohl’s, Ross, and TJ Maxx.

Summary of transaction details:

The deal involved brokers Richard Henry, Mike Ryan, Brian Linnihan, and Shaun Moothart from CBRE, who facilitated a refinancing arrangement from a national bank for the property. They represented the interests of Raider Hill Advisors and Farallon Capital Management in securing this financing transaction.

Players

Shaun Moothart

CBRE

Broker

$793.5M

vol

21 deals

Broker
CBRE
CBREBrokerage
Farallon Capital Management
Farallon Capital ManagementLandlord

Stockton Retail Market Snapshot

Boundary boundary · Retail · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.32%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93