Marshall Plaza

Location: San Bernardino, CA
Type: Retail
Price: $13,600,000

SMC has provided a $13,600,000 fixed-rate mortgage to refinance existing debt collateralized by Marshall Plaza, a 151,286 SF retail shopping center located in San Bernardino, CA and anchored by Marshalls (MIS: A2, 24,063 SF, 15.9% GLA), dd’s DISCOUNTS (MIS: A3, 22,000 SF, 14.5%) and Dollar Tree (MIS: Baa2, 10,500 SF, 6.9%). The property is located at the signalized intersection of I-215 and West 2nd Street. The intersection is highly traveled, with an average daily traffic count of 21,323 vehicles along West 2nd Street and 132,000 vehicles along the 215 Freeway. The 210 and 10 Freeways are located within three miles of the property. The 2015 population within a 1- / 3- / 5-mile radius of the property was 13,756 / 144,409 / 368,136 persons, respectively.