Marketplace Shopping Center

Location: Odessa, TX
Type: Retail
Price: $6,300,000

SMC provided a $6,300,000 senior loan to refinance the existing CMBS debt on a 66,540 nrsf retail center located in Odessa, TX. The property was built in 1978 and consists of 6 buildings, leased to 26 local and regional tenants, with an occupancy of 90%.