REBusinessOnline

Cohen Financial Secures $5M Acquisition Loan for Retail Property in Redding

Located in Redding, the 94,000-square-foot retail property is occupied by Shopko.

REDDING, CALIF. — Cohen Financial has secured $5 million for the acquisition of a retail property in Redding. Paul Schroeder of Cohen Financial secured the fixed-rate, non-recourse loan with Wells Fargo for the undisclosed borrower. The 94,000-square-foot property is leased to Green Bay, Wis.-based Shopko Stores. Shopko operates 363 stores in 24 states.

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