Sunnyside Marketplace

Loan Amount:

$15,000,000

Lender:

Bank

Loan Type:

Permanent Debt

MMCG arranged a $15,000,000, non-recourse loan on a well-located grocery anchored neighborhood retail center located in Clackamas, Oregon. Originally built in 1989, the property includes a total of 121,528 square feet over ten buildings and has been well maintained. The anchor tenants have been in the center since construction and both have lease expirations during the loan term. Our lender was able to get comfortable with the expirations due to the property’s strong location and stable occupancy history.