ValCenters Receives $37M in Financing for 174,280 SF Retail Center in Vista

by Nellie Day

VISTA, CALIF. — ValCenters has received $37 million in financing for North County Square, a grocery-anchored shopping center located at 1711-1861 University Drive in Vista.

Greg Brown and AJ Manas of HFF arranged the 10-year, fixed-rate financing through JP Morgan Asset.

ALDI, Ross Dress for Less, Old Navy, Planet Fitness, Starbucks Coffee, Michaels, T-Mobile, Firestone and Supercuts occupy the 174,280-square-foot property, which is 97 percent leased.

Mark Strauss of Cohen Financial was an advisor to ValCenters.

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