December 1, 2016
Holliday Fenoglio Fowler, L.P. (HFF) arranged $37-million in financing for North County Square, a 174,280-square-foot, grocery-anchored shopping center in Vista, CA. HFF worked on behalf of the Newport Beach, CA-based sponsor, ValCenters, to place the 10-year, fixed-rate financing with JP Morgan Asset Management.
North County Square is situated on 65 acres at 1711-1861 University Dr. The 97%-leased center is anchored by ALDI, and home to such national retailers as Ross Dress for Less, Old Navy, Planet Fitness, Starbucks, Michaels, T-Mobile, Firestone and Supercuts.
HFF’s Greg Brown and AJ Manas handled the debt placement, while Cohen Financial’s Mark Strauss advised the sponsor.
For comments, questions or concerns, please contact Dennis Kaiser