BETHESDA, MD-The owners of the Bradley-ArlingtonComplex, a 151,221-square-foot mixed use complex here,have secured $40 million in CMBS permanentfinancing. Cassidy Turley’s JohnCampanella and Paul Spellman arranged theloan on behalf of the owner, an LLC.
Cassidy Turley recently arranged funds for another, separateretail transaction: $20 million to refi the debt onWestbrook Partners’ Metropolitan Shops at Prince George’sStation. That loan was provided by a European bankthat was returning to the local market after the 2008 marketcrash.
The Bradley-Arlington Complex, located at 6917 and 6931Arlington Rd. in Bethesda’s CBD, is managed by HarveyProperty Management. Scheer Partners is the leasingagent.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
