Southland Plaza

Location: San Diego, CA
Type: Retail
Price: $10,700,000

SMC provided a $10,700,000, ten-year fixed rate interest only loan on a six (6) building, single-story, 80,491 sf retail center in San Diego, CA. At closing, the subject was 97% occupied to 32 total tenants. Shadow anchor tenants include Home Depot, Walmart, Vons, and CVS.