Promenade at Manassas
Location:
Manassas, VA
Financing:
$27,480,000
Bridge Loan
Deal Type:
Bridge
Property Type:
Home Depot Anchored Shopping Center
Metropolis Capital Advisors LLC is pleased to have arranged a $27,480,000 bridge loan for Promenade at Manassas Shopping Center. Promenade is a 265,442 SF Home Depot anchored community shopping center located along highly trafficked Sudley Road in Manassas, Virginia, a densely populated suburb of the Washington, DC metropolitan area. The center benefits from exceptional access, visibility and a strong credit tenancy. MetCap originated short-term bridge financing to fund leasing and tenant improvement costs to bring the center to stabilization.