Last Updated: April 20, 2005 11:21am ET

$39M Financing Deal Closes for Multi-Anchor Shopping Center

By Barbra Murray

FORESTVILLE, MD-A financing package valued at $39 million closes for Penn Mar Shopping Center, a 380,000-sf retail destination with three anchors. The 10-year loan allows the borrower to take advantage of low interest rates and to recapitalize the property.

Premium Members have access to this article and thousands more.

All GlobeSt.com articles are archived after seven days -- our Premium Membership Package provides unlimited access to all recently archived articles, as well as thousands of searchable stories since our launch ten years ago. Premium Members also receive a one year subscription to our week-in-review newsletter (GlobeSt.WEEK), plus a ten percent discount on all GlobeSt.com webinars and RealShare events.

To activate your GlobeSt.com Premium Membership, click the red button -- to purchase this article only, click the blue button.

Already a subscriber? Log in here

 

GLOBEST.COM B2B FEATURED SERVICE PROVIDERSAdd your company

Apartment Bank Coldwell Banker Commercial Green Courte Partners Lone Oak Fund

Featured Advertisers

User's Choice

Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

Property Alert

Post Your Property