REBusinessOnline

Grandbridge Arranges $1.5M Refinancing for Shopping Center in Galion, Ohio

Galion West Shopping Center spans 59,135 square feet.

GALION, OHIO — Grandbridge Real Estate Capital has arranged a $1.5 million loan for the refinancing of Galion West Shopping Center in Galion, about 60 miles north of Columbus. The 59,135-square-foot property includes a Papa John’s. Craig Kegg of Grandbridge arranged the financing with an insurance company. The 10-year loan features an interest rate of 4.93 percent and a 15-year amortization schedule.

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