facebook
Traded Co logo
Submit
Daily limit: 0/10

Gantry Secures $10 Million Refinance For Metroplex Plaza Retail Center In Irving

Property Image
FINANCED
$10,000,000
Austin Ridge
Mark Ritchie

Texas

See Similar Deals
Retail210,000 SF
Financed 12/11/2025
the dealplayerscompscontact
Property Image
FINANCED

Gantry Secures $10 Million Refinance For Metroplex Plaza Retail Center In Irving

2401 West Airport Freeway & 2431 West Airport Freeway

See Similar Deals
Retail210,000 SF
Financed 12/11/2025
Austin Ridge
Mark Ritchie
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Retail
Price Per Square Foot:$47
Total Square Footage:210,000 SF
Transaction Type:Loan

The asset involved in this transaction is a retail property located at 2401-2431 West Airport Freeway in Irving, encompassing 105,000 square feet. The property has undergone a recent repositioning, featuring a grocery-anchored center that includes a new Joe V’s Smart Shop, as well as tenants such as Papa John’s, Sally Beauty, and Genghis Donuts.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $10,000,000
  • Loan Type: Refinance
  • Loan Terms: 10-year, fixed-rate
  • Market: Irving
  • Brokers: Mark Ritchie & Austin Ridge - Gantry
  • Amortization: 30-year
  • Loan Servicer: Gantry

Mark Ritchie and Austin Ridge were instrumental in securing the life company loan for this refinancing deal. Their representation through Gantry facilitated the arrangement of the transaction, which extends over a 10-year period.

Players

Mark Ritchie
Gantry
Mark Ritchie
6 deals$179.8M volume
BROKER
Austin Ridge
Gantry
Austin Ridge
11 deals$617.1M volume
BROKER

Details

FINANCED
IMAGE: Mark Ritchie & Austin Ridge DATE: 12/11/2025 ADDRESS: 2401-2431 West Airport Freeway MARKET: Irving ASSET TYPE: Retail ~ SF: 105,000 BROKERS: Mark Ritchie & Austin Ridge - Gantry (@Gantry_Inc) LOAN AMOUNT: $10,000,000 LOAN TYPE: Refinance LOAN TERMS: 10-year, fixed-rate NOTE: Gantry arranged a $10M, 10-year fixed-rate refi for the 105K-sf Metroplex Plaza in Irving, with Mark Ritchie and Austin Ridge securing the life company loan, which carries a 30-year amortization and will be serviced by Gantry. The grocery-anchored center was recently repositioned around a new Joe V’s Smart Shop, alongside tenants like Papa John’s, Sally Beauty, and Genghis Donuts.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$10,000,000.00

Monthly NOI$66,666.67
Monthly Debt Service$63,206.80
Change in Cash Flow$0.00
Refinance Proceeds$0.00