CBRE CAPITAL MARKETS ARRANGES $62.5 MILLION LOAN FOR RETAIL CENTER

RANCHO BERNARDO, CALIF. — CBRE Capital Markets has arranged a $62.5 million loan for Regency Centers for 4S Commons Town Center in Rancho Bernardo. Situated at the corner of Rancho Bernardo and Dove Canyon roads, the 265,609-square-foot Class A shopping center is anchored by Ralphs and Bed Bath & Beyond. The center is currently 99.5 percent occupied. The 9-year, interest-only permanent financing was provided by Allianz of America. Wayne Paulus of CBRE Capital Markets’ San Diego office and John Peterson of the company’s Portland office represented Regency Centers in the transaction.