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:
- Property Type: Retail
- Transaction Amount: $50,000,000
- Market: Stockton
- Landlord: Raider Hill Advisors & Farallon Capital Management
- Brokers: Richard Henry, Mike Ryan, Brian Linnihan & Shaun Moothart - CBRE
- Loan Type: Refinance
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
Stockton Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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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