JLL Secures $12.05M Refinance Loan For Mission Promenade Shopping Center In Oceanside

The Mission Promenade, a shopping center located at 1527-1547 Mission Avenue in Oceanside, California, has recently undergone a refinancing deal facilitated by JLL Capital Markets. The retail space, spanning 105,700 square feet and situated on 9.5 acres of land, is anchored by El Super and a grocery outlet. With its convenient access to the Greater San Diego region and surrounding areas, the Mission Promenade presents a prime retail opportunity.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $12,050,000
• Loan Type: Refinance
• Loan Terms: ten-year
• Landlord: Milan Capital Management
• Brokers: Jeff Sause & John Chun - JLL

JLL Capital Markets, represented by brokers Jeff Sause and John Chun from JLL, successfully closed the $12.05 million refinancing deal for Mission Promenade in Oceanside, California. This transaction highlights the expertise and effectiveness of JLL in securing favorable financing terms for their clients.