Lohman’s Crossing

Location: Austin, TX
Type: Retail
Price: $15,000,000

SMC provided a $15,000,000 loan to refinance existing CMBS debt encumbering Lohman’s Crossing. The Property is a 101,121 SF unanchored retail center located in Austin, TX, approximately 20 miles northwest of the Austin CBD. The Property contains two buildings and was built in 1984, renovated in 1997. At the time of closing, the Property was 95% occupied by a diverse mix of national, regional, and local tenants.