FINANCED
Karl Weidell Secures $25.17M Refinance For Garden Grove Plaza In Little Saigon
13844 Brookhurst Street
Retail
134,364 SF
134,364 SF
Financed 83 days ago
Summary
Loan
CALIFORNIA
Retail
134,364 sqft
The Garden Grove Plaza, a neighborhood shopping center located at 13844 Brookhurst Street in Garden Grove, was the subject of a recent $25.17 million refinance deal. The plaza spans 134,364 square feet and sits on a 12-acre lot. Built in 1968, it is strategically positioned at a bustling intersection in Little Saigon and is home to a variety of tenants including Sushi Kura and Hoa Binh Supermarket.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $25,170,000
- Asset Type: Retail
- Address: 13844 Brookhurst Street
- Market: Garden Grove
- Loan Type: Refinance
- Loan Terms: Fixed-rate loan
Karl Weidell, a broker from NorthMarq's Los Angeles team, played a key role in securing the refinance for Garden Grove Plaza. Known for his expertise in the real estate market, Weidell successfully negotiated the fixed-rate loan for the property, ensuring a smooth financial transaction for the shopping center.
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Details
FINANCED
IMAGE: Karl Weidell
DATE: 02/20/2024
ADDRESS: 13844 Brookhurst Street
MARKET: Garden Grove
ASSET TYPE: Retail ~ SF: 134,364 ~ ACRES: 12
BROKER: Karl Weidell (@KarlWeidell) - NorthMarq (@Northmarq)
LOAN AMOUNT: $25,170,000
LOAN TYPE: Refinance
LOAN TERMS: fixed-rate loan
NOTE: Karl Weidell of Northmarq's Los Angeles team secured a $25.17 million refinance for Garden Grove Plaza, a neighborhood shopping center with 134,364 sq. ft. Built in 1968, the plaza is strategically located at a busy intersection in Little Saigon, boasting diverse tenants like Sushi Kura and Hoa Binh Supermarket.View on map
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Address13844 Brookhurst Street
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