$18.5 MILLION BORROWED FOR S.C. SHOPPING CENTER

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SPARTANBURG, S.C. — Centro Properties Group has borrowed $18.5 million for its 384,306-square-foot Hillcrest Shopping Center. The Publix-anchored center, which is 76 percent leased, is located on East Main Street in Spartanburg. Quadrant Real Estate Advisors funded the 5-year loan. Dustin Stolly, Jere Lucey and Bryan Jonas of Jones Lang LaSalle secured the loan.

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