Manassas, Va. — Cushman & Wakefield has secured $28.7 million in bridge financing for Manassas Mall, a 941,574-square-foot shopping center located in the Washington, D.C. suburb of Manassas. Lionheart Capital was the borrower. Originally developed in 1972, the center was expanded in 1988 and renovated in 2016. Manassas Mall features more than 80 retailers including Macy’s, JCPenney, Sears, Target, Walmart, H&M, American Eagle Outfitters and Old Navy, as well as a theater and arcade. Robert Kaplan and Mark Rutherford of Cushman & Wakefield’s Miami office, along with Michael Zelin, Bindi Shah and Ryan McMahon of the firm’s Washington, D.C. office, represented Lionheart Capital in the transaction. The Ardent Cos. provided financing.
Manassas Mall is owned by Miami-based Lionheart Capital and managed by Spinoso Real Estate Group.