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.