The 17,929-sf shopping center at 6751 Abrams Rd. takes up thenorthwest corner of Abrams and Skillman roads, a shadow anchorlocation to a SuperTarget. The new construction and roster ofnational tenants helped to secure the financing from LehmanBrothers of New York City, Scott Lynn, director and principal ofDallas-based Metropolitan Capital Advisors, tells GlobeSt.com. Hesays the neighborhood fell under some scrutiny, causing thearrangers "to back down on the leverage in order to execute theloan."

Lynn and Brandon Miller, a Metropolitan Capital seniorassociate, put together a 10-year financing package with a 6.57%fixed interest rate. The deal took six weeks, start to finish, fromthe time that the investor placed the purchase option with seller,Weber & Co. of Dallas, who retired construction financing withthe sale.

The fully leased center's line-up, all tied to five- toseven-year leases, consists of Mattress Firm, Payless Shoes,Nextel, Game Stop, Great Clips, Wing Stop, H&R Block, AdvanceAmerica, Philly Connection and Colorful Nails. The Dallas CentralAppraisal District pegs the property's 2003 assessment at close to$2 million.