$8,000,000 Magnolia Shoppes, Coral Springs, Florida
5 year fixed rate loan + 5 year extension option
3.50% fixed, locked at application
3,2,1,0,0 prepayment penalty
RATE LOCKED AT APPLICATION
Tenants include: Office Depot, YouFit Health Club, Anthony’s Coal Fired Pizza, Dunkin Donuts, USA Wireless
This was a refinance of a CMBS loan that is maturing in the near future.
Closed by Dan Bockstoce & Michael Brown
