December 17, 2015 Comments Off on Pacific Pearl Shopping Center Gets $50M in Financing Views: 1058 Bay Area, California News

Pacific Pearl Shopping Center Gets $50M in Financing

Pacific Pearl Shopping Center, in Pleasanton, has received $50 million in financing that was brokered by Holliday Fenoglio Fowler (HFF). The project, under development by BHV Centerstreet Properties, will total 112,000 square feet.

A UBS Asset Management-advised joint-venture fund financed the project, while HFF also arranged a construction loan with Wells Fargo. This is the third transaction that HFF has done for BHV, raising a total of $210 million in capital.

Pacific Pearl Shopping Center will be anchored by Marina Food, a leading Asian-food grocery chain in the Bay Area, and will have a food court with international Asian cuisine. HFF Senior Managing Director Bruce Ganong managed the transaction.

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