Imperial Plaza

Location: Bellaire, OH
Type: Retail
Price: $5,460,000

SMC provided a $5,460,000 ten-year fixed rate mortgage loan for the recapitalization of Imperial Plaza, a fully occupied 96,859 square foot grocery-anchored retail property in Bellaire, OH, just south of Wheeling, WV. Kroger had recently completed a full store renovation and renewed its lease term, and the property features a Kroger branded gas-station.