Big V Property Group Secures $125M Refinance Loan For The Avenue Murfreesboro

Big V Property Group has secured $125 million in cash-out refinancing for The Avenue Murfreesboro, an 846,467-square-foot lifestyle retail center located at 2615 Medical Center Parkway in Murfreesboro, Tennessee. The property, owned by Bryan Kallenberg and Dean Lumish of Big V Property Group, is situated in the Murfreesboro market.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $125,000,000
• Address: 2615 Medical Center Parkway
• Market: Murfreesboro, TN
• Square Footage: 846,467
• Landlord: Bryan Kallenberg & Dean Lumish - Big V Property Group
• Brokers: Brian Dawson, Chris Drew & Matthew Casey - JLL

The Avenue Murfreesboro's cash-out refinancing was successfully accomplished through a loan. The loan type for this transaction was a refinance.