Castle & Cooke has secured $140 million in financing for Crossings at Corona, a class A, 833,995-square-foot retail power center in Corona, Calif.
JLL represented the borrower in arranging a balance sheet loan through Deutsche Bank AG.
Crossings at Corona, situated at the northeast corner of Interstate 15 and Cajalco Road, boasts an advantageous location near the entrance to State Highway 91, which sees more than 200,000 vehicles daily. Serving the neighborhoods of Corona, Chino and Riverside, this retail destination offers excellent accessibility throughout the Inland Empire. Its proximity to both employment hubs and residential areas makes it a convenient spot for shoppers in the region.
Crossings at Corona was completed in 2005. This retail and entertainment destination shopping center is shadow anchored by Target and includes sub-anchors Marshall’s, Kohl’s, Ross, HomeGoods, Sportsman’s Warehouse, Burlington, Edward’s Theatre, and other national r
