CBRE West Secures Financing for Ridgeview Plaza

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Capital Markets
JUNE 2023
Just Financed
RIDGEVIEW PLAZA | MESA, AZ
CBRE
Transaction Highlights
Tenancy
28 Tenants and 99% occupied
Term
10 Years Fixed
Interest Rate
+170 basis points over the 10-Year Treasury
Deal Overview
Ridgeview Plaza is a 130,577 square foot grocery-anchored retail center 99% occupied by a diverse mix of national and regional tenants, including Bashas', Ace Hardware, Big 5 Sporting Goods and Starbucks.
Located in the suburbs of northeast Mesa, AZ this 13.2 acre location is one of the first grocery-anchored retail property's that service workers commuting home via the Loop 202 Freeway.
This refinance was executed by a CBRE Correspondent Life Company with a 10-year term on a non-recourse basis.
For more information, please contact:
Bruce Francis
Vice Chairman
+1 602 735 1781
bruce.francis@cbre.com
Shaun Moothart
Executive Vice President
+1 949 509 2111
shaun.moothart@cbre.com
Bob Ybarra
Executive Vice President
+1 702 369 4859
robert.ybarra@cbre.com
Doug Birrell
Executive Vice President
+1 801 869 8041
doug.birrell@cbre.com
Jim Korinek
Executive Vice President
+1 415 772 0416
jim.korinek@cbre.com
Anna Britt
Associate Vice President
+1 949 509 2131
anna.britt@cbre.com
Carly Grabher
Senior DSF Analyst
+1 602 735 1777
carly.grabher@cbre.com
Ryan Gagliano
DSF Analyst
+1 602 735 5668
ryan.gagliano@cbre.com
Andrew Post
DSF Analyst
+1 702 369 4857
andrew.post@cbre.com
CBRE
cbre.com/dsf
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