Barcelone Plaza

Location: Las Vegas, NV
Type: Retail
Price: $5,350,000

SMC has provided a $5,350,000 loan to refinance a previous CMBS loan collateralized by Barcelone Plaza. Barcelone Plaza is located in Las Vegas and is a 51,132 SF shadow-anchored retail center located at 8751 West Charleston Boulevard, Las Vegas, NV. The Property is shadow-anchored by Whole Foods Market and Kohl’s. The Property is 100.0% occupied and is situated on a 0.80 acre site built by the Sponsor in 2005. The Loan was structured with 25-year amortization and the loan basis will amortize down by 24.8% over the term of the Loan.