Financing Amount:
Mesa, AZ
Capital Source:
Local Credit Union
Transaction Details:

Tower Capital recently arranged $3,200,000 in permanent financing for the purchase of a multi-tenant retail center in the Southeast Valley. The subject property, branded Plaza at Guadalupe, is a Wal-Mart Neighborhood Market center with an abundant tenant mix consisting of Dollar Tree, Anytime Fitness, Angry Crab, and more. The center is positioned in a rapidly expanding area of Mesa located just 3.4 miles west of the Loop-202 freeway.

Tower Capital, through a targeted marketing campaign, was able to successfully arrange long-term, fixed-rate permanent financing to allow the sponsor to seamlessly implement their business plan. Although the sponsor had existing local direct lending relationships, they ultimately decided to leverage Tower Capital’s extensive network of unique and active capital providers to allow Tower to generate a competitive lending environment, ultimately delivering ultra-competitive pricing and terms from the capital markets community.

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