Black Bear Capital Partners Refinances 87,024 SF Retail Center On Lehigh Street For $7M

The 87,024 SF grocery-anchored retail shopping center located at 2300 Lehigh Street in Allentown, PA has undergone a refinancing transaction. The property, captured in the accompanying image by Brandon Harris, serves as a vibrant retail space within the local market.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $7,000,000
• Loan Type: Refinance
• Loan Terms: The seven-year fixed rate loan includes twelve months of interest only and a flexible prepayment option.

Brandon Harris of Black Bear Capital Partners represented the brokers in this deal, showcasing his expertise in facilitating successful transactions within the commercial real estate sector.

This refinancing initiative demonstrates the dedication of both the property's stakeholders and the financial institution involved, as they strategically navigate the ever-evolving market to ensure uninterrupted economic growth. The transaction serves as a testament to the thriving retail landscape in Allentown, PA, and highlights the collaborative efforts of all parties involved.