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Gantry Secures $12M Loan for 389K-SF Illinois Retail Center

Gantry has secured a low-leverage $12 million permanent loan to refinance maturing debt for Rock River Plaza, located in Moline, Illinois. The 389,375-square-foot retail power center is anchored by Wa

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Summary

Gantry has secured a low-leverage $12 million permanent loan to refinance maturing debt for Rock River Plaza, located in Moline, Illinois.

The 389,375-square-foot retail power center is anchored by Walmart and Lowe’s with additional national tenants including Marshalls, Five Guys, Chick-fil-A, Applebee’s, and AT&T.

The center serves the Quad Cities trade area from a strategic...

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