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Torrance, Calif. — Quantum Capital Partners has secured a $37 million interest-only loan to refinance The Shops at South Bay, a 200,000-square-foot shopping center located roughly 20 miles outside Los Angeles in Torrance.
Walmart anchors the 96 percent leased center, which is home to tenants including Lumber Liquidators, Dollar Tree, Quiznos, BJ’s Grill and Pho Kobe. Max Mellman and Jonathan Hakakha of Quantum secured the 10-year loan on behalf of an undisclosed borrower through Wells Fargo Bank.