PCCP LLC Provides $83.9M Senior Loan For Gaithersburg Retail Property

The retail property located at 701 Russell Ave in Gaithersburg, MD has recently undergone a significant transaction. The property spans across 102 acres and is owned by WRS Inc. represented by Scott Smith. It is situated in a bustling market, offering great potential for retail businesses.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $83,900,000
• Address: 701 Russell Ave, Gaithersburg, MD
• Market: Gaithersburg, MD
• Acres: 102

PCCP LLC provided a senior loan of $83,900,000 for this transaction. This loan from PCCP LLC will support the further development and growth of the retail property. The involvement of PCCP LLC in financing this project highlights their confidence in its potential success.