Marcus and Millichap Arranges $39M Shopping Center Construction Loan
The team of Brandon Wilhite, Sunny Sajnani and Todd McNeill of Marcus and Millichap Capital Corporation (MMCC) has arranged $39.4 million in construction financing for the French Valley Marketplace, in French Valley, CA. The loan will provide funds to complete the horizontal and vertical construction of the project.
The property is a fully entitled, 22-acre retail development located at the northeast corner of State Highway 79 and Thompson Road. French Valley Marketplace is anchored by tenants including Grocery Outlet, Rite Aid, EoS Fitness, Autozone and McDonalds.
“I really appreciate the attention to detail and focus from the MMCC team. Their expertise, knowledge and experience were essential in completing this complicated financing,” said Jay Fuquay of Trinity Investors, one of the two firms involved in the property development.
- ◦Development
- ◦Financing
