Home Depot Gardena

Location: Gardena, CA
Type: Retail
Price: $ 15,000,000

SMC has provided a $15,000,000 first mortgage loan to refinance the Home Depot Gardena, a 150,000 retail anchored center located in Gardena, CA. The Home Depot occupies 135,000 SF and Viatron Systems occupies 15,000 SF. The center is located in an infill location, in the South Bay area of Greater Los Angeles, directly off Interstate 110 and less than a mile from Interstate 405. The proceeds of the Loan were used to repay a maturing CMBS Loan and to provide a return of equity to the sponsor.