GRANDBRIDGE SECURES $4.15M LOAN

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PONTE VEDRA BEACH, FLA. — Grandbridge Real Estate Capital's Jacksonville, Fla., office has arranged a $4.15 million first mortgage loan for the 28,081-square-foot Azalea Plaza, a shopping center located at 2 Fairfield Blvd. in Ponte Vedra Beach. The CMBS loan has a 10-year term with a 30-year amortization schedule.

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