PORTLAND, OR-CenterCal LLC, a retail developer based inPortland, has secured $54 million in construction loan from U.S.Bank for two projects in Idaho and eastern Washington. The loanwill fund the construction of The Village at Meridian in Idaho andWashington Plaza at Valley Mall Shopping Complex situated in UnionGap, Washington.
For the Idaho project, $43 million will be used and theremaining $10.7 million will be used for a 120,000-square-footretail property near Yakima. For the full story, go to Portland Business Journal .
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