Marcus Goodwin Of RRA Capital Provides $26.8M Acquisition Loan For Retail Property In Gresham OR
300 600 Northwest Eastman Parkway
$26,800,000
$101/SF
Building Size
264,634 SF
Asset Type
Retail
Closing
Aug 27, 2025
AI
The property asset involved is a retail space located at 300-600 Northwest Eastman Parkway in Gresham, OR. The asset has a total square footage of 264,634 and the loan amount secured for this acquisition is $26,800,000 with terms spanning 30 months.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $26,800,000
- Loan Type: Acquisition
- Loan Terms: 30 Months
- Lender: Marcus Goodwin - RRA Capital
- Broker: Patrick O'Malley - NorthMarq
Marcus Goodwin from RRA Capital serves as the lender in this transaction, while Patrick O'Malley from NorthMarq acts as the broker facilitating the loan arrangement.
Players
Gresham Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.59%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93