The loan, financed through Inland Mortgage Corp. of Oak Brook,IL, will bring the four-building at 6817 W. Peoria Ave. property upto 181,835 sf. "From the time it was built in 1986, the plan was tobuild out the entire 180,000 sf," Leslie Lundin, senior vicepresident with Inland Mortgage, tells GlobeSt.com.

Lundin said PDG America opted to follow through on thatexpansion plan after fully leasing the existing plaza. Located onabout 21.5 acres of land at the southwest corner of Peoria Avenueand 67th Avenue, the plaza is anchored by Safeway and LA Fitnessand is home to Jiffy Lube, Taco Bell and Great Clips.

The new construction, scheduled to be completed by the end ofthis year, will add 40,757 sf to the existing center plus another3,000 sf of pad space for a ground lease. The additional retailspace is 45% pre-leased primarily to an 11,757-sf Tutor Timechildren's center. Lundin said Valley Vitamins, Peoria Nails andPort of Subs will also be among the new tenants.

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