IRONDALE, ALA. — CBRE has secured a $15 million loan to refinance Cahaba Crossing, a 67,874-square-foot shopping center located in the Birmingham suburb of Irondale. A 48,837-square-foot Publix supermarket anchors the 9.8-acre property.
Richard Henry, Mike Ryan, Brian Linnihan and JP Cordiero of CBRE secured the loan on behalf of the borrowers, Halvorsen Holdings and Ezon Inc. Carmel, Ind.-based 40|86 Advisors provided the five-year, fixed-rate, interest-only loan.
Built in 2023, Cahaba Crossing was fully leased at the time of loan closing to 10 tenants, including The UPS Store, Starbucks Coffee and Heartland Dental. Additionally, the site features a 1.5-acre outparcel reserved for future development.
CBRE Secures $15M Refinancing for Shopping Center Near Birmingham NY Times News Today.
Hence then, the article about cbre secures 15m refinancing for shopping center near birmingham was published today ( ) and is available on NY Times News ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( CBRE Secures $15M Refinancing for Shopping Center Near Birmingham )
Also on site :
- 1999 Box Office Flop Ranked Among ‘Best Movies of All Time’
- Efforts to eliminate hepatitis delivers gains but more action needed to meet 2030 targets
- Carrie Underwood Fans Do a Double Take at Her New Look Ahead of Taylor Swift Night on 'American Idol'