Windgate Crossing

Location: Scottsdale, AZ
Type: Retail
Price: $12,500,000

SMC has provided a $12,500,000 ten-year fixed rate mortgage for the refinance of Windgate Crossing, a 39,042 SF shopping center located in Socttsdale, Arizona. Built in 2008, is 96.7% leased to national, regional and local tenants such as CVS, Bank of America, McDowell Mountain Animal Hospital, Fit Body Boot Camp, and a new Black Rock Coffee Bar that is under development. The area surrounding the Property includes numerous residential neighborhoods and retail centers and the Property sits directly across the street from the McDowell Sonoran Preserve, which is 35,000 acres of protected recreational preserve.