Pueblo Shopping Center

Location: Pueblo, CO
Type: Retail
Price: $ 7,000,000

SMC has provided a $7,000,000 first mortgage to refinance the existing debt secured by Pueblo Shopping Center, a 106,276 SF multi-tenant retail center located in Pueblo, CO, approximately 40 miles south of Colorado Springs. The King Soopers-anchored center is currently 96% occupied. National tenants include Dollar Tree, Tuesday Morning, Weight Watchers, UPS, H&R Block and Supercuts. The loan is cross-collateralized with four other mortgage loans originated by SMC and secured by Orange Street Plaza, Foothill Village Plaza, Front Gate Plaza and Gateway Fashion Mall.