Perris Towne Center

Location: Perris, CA
Type: Retail
Price: $19,250,000

SMC provided a $19,250,000 loan to refinance an existing debt collateralized by the Subject. The Property is located at 15-138 Nuevo Road, Perris, CA 92571. The Property is a 127,510 SF grocery-anchored retail center, located approximately 70 miles southeast of Los Angeles CBD. The Property was built in 1988 and consists of a mix of national and local tenants, including Stater Bros., Ross, Carl’s Jr., Sizzler, Big 5 Sporting Goods and O’Reilly Auto Parts.