Brief
IPA Arranges $113.7M in Acquisition Financing for Fort Worth Retail Portfolio
FORT WORTH, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged $113.7 million in acquisition financing for Presidio Junction, a portfolio of three contiguous
Summary
FORT WORTH, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged $113.
7 million in acquisition financing for Presidio Junction, a portfolio of three contiguous retail centers totaling approximately 375,000 square feet in Fort Worth.
The financing comprises life insurance debt and preferred equity. The centers — Presidio Towne Crossing, Tehama Towne Crossing and Vista Ridge — were fully leased at the time of the loan closing to tenants including T.J. Maxx,
Source
- REBusinessOnlinerebusinessonline.com
