Nuveen Green Capital Funds $42M Construction Loan For The Yard Retail Project In Woodinville

The property at 14492 147th Place NE in Woodinville, WA, is a retail asset spanning 390,000 square feet. The construction loan amount for this property is $42,000,000, secured by Nuveen Green Capital and Aidan McLaughlin for VP Companies. The loan term is set at 30 years.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $42,000,000
• Lender: Nuveen Green Capital and Aidan McLaughlin
• Landlord: VP Companies
• Market: Woodinville, WA
• Asset Size: 390,000 SF
• Loan Type: Construction
• Loan Terms: 30 years

Nuveen Green Capital, a national leader in C-PACE and sustainable financing, partnered with Columbia Pacific Advisors to provide an $89M financing package for the construction of The Yard by VP Companies in Woodinville, WA. The project will feature wine-oriented retail and parking spaces, attracting various tenants such as restaurants, wineries, breweries, and boutiques. The property is expected to be a significant anchor within the greater Harvest development.