FINANCED
CBRE Secures $12.9M Refinance Loan For Publix-Anchored Wynnehaven Plaza In Navarre, FL
10040 Navarre Parkway
Retail
64,995 SF
64,995 SF
Financed 272 days ago
Summary
Loan
FLORIDA
Retail
64,995 sqft
CBRE has secured a $12.9 million loan to refinance Wynnehaven Plaza, a fully occupied Publix-anchored shopping center in Navarre, FL. The property is located at 10040 Navarre Parkway and spans a total square footage of 64,995. This retail asset is situated in the highly sought-after market of Navarre.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $12,900,000
- Address: 10040 Navarre Parkway
- Market: Navarre
- Square Footage: 64,995 SF
The loan was obtained from 40|86 Mortgage Capital on behalf of Atlanta-based Branch Properties, the landlord of Wynnehaven Plaza. The brokers from CBRE who facilitated the loan refinance are Richard Henry, Mike Ryan, Brian Linnihan, and Taylor Crowder. They played a crucial role in securing the financing for this transaction.
Players
All
7
Agents
4
Agencies
2
Lenders
1
Details
FINANCED
IMAGE: Richard Henry, Mike Ryan, Taylor Crowder & Brian Linnihan
DATE: 08/04/2023
ADDRESS: 10040 Navarre Parkway
MARKET: Navarre
ASSET TYPE: Retail ~ SF: 64,995
LENDER: 40|86 Mortgage Capital
LANDLORD: Branch Properties
BROKERS: Richard Henry, Mike Ryan, Brian Linnihan & Taylor Crowder - CBRE (@CBRE)
LOAN AMOUNT: $12,900,000
LOAN TYPE: Refinance
NOTE: CBRE secured a $12.9 million loan to refinance Wynnehaven Plaza, a fully occupied Publix-anchored shopping center in Navarre, FL, on behalf of Atlanta-based Branch Properties. The loan was obtained from 40|86 Mortgage Capital.View on map
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Address10040 Navarre Parkway
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