DRA Advisors Secures $168 Million Loan From Bank Of America For 320,000 Square Foot Retail Center

The property asset involved in this transaction is a retail shopping center located at 125 Northwest Loop 410, San Antonio, TX. The asset spans 320,000 square feet and was built in 1996. The underlying land is appraised at $52 million. DRA Advisors recently secured a $168 million loan from Bank of America in relation to this property, which is anchored by retailers Best Buy, Mega Furniture, and DSW.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $168,000,000
• Lender: Bank of America
• Landlord: David Luski - DRA Advisors
• Market: San Antonio, TX
• Asset Size: 320,000 square feet
• Address: 125 Northwest Loop 410
• Appraised Land Value: $52 million

The key individuals and companies involved in this transaction include David Luski, representing DRA Advisors as the landlord. The loan agreement for the property was facilitated by Bank of America, indicating the financial support extended towards the acquisition of this retail asset.