Rock River Plaza is a 389,375-square-foot retail power center located at 3820-3900 44th Avenue in Moline, IL. The property includes national tenants such as Walmart, Lowe’s, Marshalls, and Chick-fil-A, and is strategically positioned along John Deere Road with access to I-74, serving the broader Quad Cities trade area.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $12,000,000
• Loan Type: Permanent
• Loan Terms: five-year, fixed-rate, non-recourse
• Brokers: Joe Monteleone & Rulin Dai - Gantry

Gantry was responsible for securing a $12 million low-leverage, fixed-rate CMBS permanent loan for the refinancing of the property, which is owned by a private investor. The deal was facilitated by brokers Joe Monteleone and Rulin Dai, who represent the interests of the parties involved in this transaction.