Updated Sep 30, 2025
Brookfield Asset Management Secures $72.2M Loan For Retail Property In Bellingham, WA
One Bellis Fair Parkway, Bellingham, Washington 98226, United States
$72,240,000
$134/SF
Building Size
536,354 SF
Asset Type
Retail
Closing
Sep 22, 2022
About this deal
AI
One Bellis Fair Pkwy in Bellingham, WA has been involved in a closed loan transaction. The loan was transacted on September 23, 2022. The retail property has a total area of 536,354 square feet.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $72,240,000
- Address: One Bellis Fair Pkwy, Bellingham, WA
- Market: Bellingham, WA
- Landlord: Brookfield Asset Management
- Broker: JLL
The loan amount for this transaction was $72,240,000. Brookfield Asset Management acted as the landlord for this property. JLL represented the parties involved in the deal as the broker.
On the Map
$72,240,000
$134/SF
Retail
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Players
Bellingham Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.22%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93