MM-Loan-Retail-Center-Rancho-Cucamonga-CA

Marcus & Millichap Arranges $19M Refinancing for Retail Center in Rancho Cucamonga, California

by Amy Works

RANCHO CUCAMONGA, CALIF. — Marcus & Millichap has arranged a $19 million loan through its affiliate, BA Debt Fund LLC, to refinance a shopping center located in Rancho Cucamonga. Bolour Associates provided the loan. The 106,000-square-foot property, which was 99 percent leased at the time of financing, is anchored by a Smart & Final grocery store. Preston Davey of Marcus & Millichap arranged the loan on behalf of the borrower.

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