JLL Capital Markets announcedthat it had arranged a $26.7 million refinancing for a Boulder,Colorado shopping center anchored by a Safeway grocerystore.
The deal announced Thursday willallow a partnership managed by Jacksonville, Florida-based realestate investment trust Regency Centers Corporation to land a10-year, fixed-rate loan for Alcove on Arapahoe, a159,050-square-foot center anchored by Safeway. The property, whichalso includes HomeGoods, Verizon Wireless and Flower Child astennants, sits one block from the University of Colorado atBoulder, which normally has a student population of about35,000.
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