Casa Grande Shopping Center

Location: Casa Grande, AZ
Type: Retail
Price: $ 7,000,000

Starwood Mortgage Capital has provided a $7,000,000 ten-year fixed rate first mortgage to refinance the existing debt collateralized by Casa Grande Shopping Center, a 94,237 SF shopping center, located in Casa Grande, AZ and anchored by Big Lots, Office Max, Pet Club and Big 5 Sports. The Property is owned by an experienced local sponsor that has stabilized numerous underperforming retail centers throughout the greater Phoenix market, and has also developed 15 neighborhood and power shopping centers totaling representing more than 3.5 million square feet.