High-rise commercial buildings

Sub Markets

Property Sectors

Topics

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
California  + Bay Area  + Finance  | 
CBRE arranged $15 million in refinancing for Lincoln Square Shopping Center, a grocery-anchored shopping center in Oakland, California

CBRE Arranges Refi on Oakland Shopping Center

CBRE has secured $15 million in refinancing for Lincoln Square Shopping Center, a 44,438-square-foot grocery-anchored shopping center at 4100 Redwood Rd. in Oakland. 

Shaun Moothart, Bruce Francis, Doug Birrell and Bob Ybarra with CBRE Capital Markets’ Debt and Structured Finance team secured the non-recourse, 10-year term, interest-only loan on behalf of the landlord, a California-based private retail real estate operating company. The lender wasn’t disclosed. 

“We are pleased to have advised a world-class institutional sponsor on the execution of this financing during a volatile time in the capital market,” said Moothart. 

Situated on 4.10 acres in the Oakland hills, the shopping center is anchored by Safeway and includes CVS Pharmacy, Peet’s Coffee, Jamba Juice and the UPS Store as tenants. The property encompasses three buildings with 14 tenant suites. 

Initially built in 1963, the center underwent extensive redevelopment and modernization in 2019. 

Read More News Stories About: CBRE
Connect

Inside The Story

CBRE's Moothart

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Financing
New call-to-action
New call-to-action
New call-to-action
New call-to-action
New call-to-action