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90 percent occupied.
The nine-building property consists of a mix of office, restaurant, retail, entertainment and hospitality space.
The venture obtained $23.4 million of Freddie Mac financing for the garden-style property. The 10-year debt has a 5.66 percent fixed rate and requires interest-only payments for the first two years.
Breeden obtained $17.25 million of Fannie Mae financing for the property through Wells Fargo Bank.
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© 2023 Commercial Real Estate Direct All rights reserved..