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Murfreesboro, Tenn. — Cohen Financial, a division of SunTrust Bank, has arranged a $13 million loan for the acquisition of Towne Center, a 108,000-square-foot retail center in Murfreesboro, 35 miles southeast of Nashville.
Dan Rosenberg and Matt Terpstra of Cohen Financial secured the fixed-rate loan through Morgan Stanley on behalf of the borrower, an affiliate of Integris Ventures. T.J. Maxx anchors Towne Center, and Lowe’s Home Improvement and Target are shadow anchors.