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PULLMAN, WASH. — PSRS has secured $1.4 million in financing for the acquisition of Edison Center, a two-building retail property located at 588 and 594 S.E. Bishop Blvd. in Pullman. Nine tenants occupy the 13,000-square-foot strip retail center.
Kostas Kavayiotidis and Grady Seldin of PSRS arranged the recourse, full-leverage, 10-year loan with a 25-year amortization schedule. Standard Insurance provided the capital.