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MARYSVILLE, WASH. — Crescit Capital Strategies has closed a $21.8 million fixed-rate bridge loan for the acquisition of a shopping center located in Marysville. A private seller sold the asset to a private buyer for an undisclosed price.
Crescit originated the four-year loan with a one-year extension option. The lender was not disclosed.
The grocery-anchored property features 220,000 square feet of retail space.