Retail – Tucson, AZ

Closed: December 2016

UPB: $17,500,000

 

Loan Details

  • Loan needed to finance the acquisition of the property.

Collateral Summary

  • 514,000 SF shopping mall at the intersection of two major arterials with great accessibility, visibility, and demographics.

  • Shopping center anchored by a 15-screen AMC movie theatre, Ross Dress for Less, Buy Buy Baby, and Barnes and Noble.

  • AMC signed a new 15-year lease with borrower for the site at approximately $1.3MM annually.

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