Walker & Dunlop has arranged a $46 million refinance loan for Rosemead Place, a prominent retail center in Rosemead, Calif., on behalf of a family office.
Rosemead Place is a 336,718-square-foot retail center featuring a diverse mix of national tenants including Target, LA Fitness, Ross Dress for Less, PetSmart, Ulta Beauty and Dollar Tree. The property occupies an irreplaceable location at the intersection of Interstate 10 and Rosemead Boulevard, serving as a primary retail destination for the surrounding community. The center benefits from exceptional visibility, strong traffic counts and a complementary mix of retail, service and dining offerings that drive consistent consumer demand.
“Well-located, anchored retail assets like Rosemead Place continue to be viewed extremely favorably by a wide range of capital providers, including insurance companies, CMBS lenders, and regional and national banks,” noted Trevor Fase, senior managing director of capital market
