HC Real Estate Arranges $4.7 Million Loan for Shopping Center

by Nate Hunter

St. Petersburg, Fla. – The 74,600-square-foot Central Plaza is 92 percent leased and anchored by Goodwill, Citi Trends, Payless Shoe Source and Family Dollar.

St. Petersburg, Fla. – HC Real Estate Capital has arranged $4.7 million in acquisition financing for Central Plaza in St. Petersburg. The 74,600-square-foot center is 92 percent leased and anchored by Goodwill, Citi Trends, Payless Shoe Source and Family Dollar. Central Plaza is located adjacent to a Walmart Supercenter. Delray Beach, Fla.-based HC Real Estate Capital worked with the borrower to secure the 10-year loan with a local lender. Kurt Hoffmann and Chris Caveglia of HC Real Estate Capital arranged the loan.

Scott Reid

 

 

 

 

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