Midland Atlantic Properties Secures $49.5M Refinance For Retail Centers In Cedar Falls And Southern Pines

The transaction involves refinancing two retail shopping centers totaling 414,680 square feet, located at 410 Viking Plaza Drive in Cedar Falls, IA, and 10695 US Route 15 in Southern Pines, NC. The total loan amount arranged for the refinance is $49,500,000.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $49,500,000
• Asset Size: 414,680 sq. ft.
• Addresses: 410 Viking Plaza Drive, Cedar Falls, IA; 10695 US Route 15, Southern Pines, NC
• Landlord: Midland Atlantic Properties
• Loan Type: Refinance

The key individuals involved in this transaction are brokers Dan Rosenberg, Logan Petersmeyer, and Isabella Barrios, representing the landlord, Midland Atlantic Properties, through Bellwether Enterprise (BWE), which facilitated the refinancing process.