| Transaction Description: |
$11,877,000 (85% LTC) Financing for 132,630 Sq. Ft. Retail Center in Sacramento, CA. GSP arranged $11,877,000 of senior permanent financing (85% LTC) for the acquisition of a five building, 132,630 sq. ft. Kmart and Big Lots anchored retail center in Sacramento, California. The property is currently 100% leased to 16 tenants, including 72.6% leased to a single tenant through January 2012.
Unique Characteristics: 72% leased to a BB+ credit tenant, with 23% of space sublet. |
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