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Emeryville Public Market Gets $84M for Expansion
HFF arranged $83.5 million in financing for Emeryville Public Market, 141,420-square-foot retail center in Emeryville, CA. Loan proceeds will be used to retire an existing Bank of America loan, complete the construction of 26,350 square feet of additional retail along with a 300-stall parking structure, and expand an existing on-site family-oriented public park.
The 14-acre asset at 5959 Shellmound St. is part of a one million-square-foot mixed-use development in San Francisco’s East Bay. The property will ultimately consist of 167,770 square feet of retail that is anchored by Guitar Center, Urban Outfitters and a gourmet food hall, as well as a mix of national and regional tenants. Originally developed in 1920, the property underwent renovations and expansions in 1988 and 2017.
HFF’s Peter Smyslowski represented the borrower, a partnership between City Center Realty Partners, LLC and Angelo, Gordon & Co., to secure the five-year, floating-rate loan through ACORE Capital.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Financing
- ◦Development


