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Terrell, Texas — BWE has arranged $36 million in refinancing for Crossroads at Terrell, a 260,877-square-foot power center located in Terrell, roughly 32 miles east of Dallas. Completed between 2022 and 2024 on nearly 30 acres, the center is anchored by Hobby Lobby and Academy Sports + Outdoors. Other tenants include Burke’s Outlet, Marshalls, Petco, Ulta Beauty and Rack Room Shoes.
Matt Good of BWE’s Greenville, South Carolina, office originated the fixed-rate loan from a life insurance company lender on behalf of the borrower, a national retail developer.