Gardena Valley Shopping Center

Location: Gardena, CA
Type: Retail
Price: $23,000,000

SMC provided a $23,000,000, ten-year interest only fixed rate loan on a 128,000 sf grocery anchored retail center located in Gardena, CA. The Property is anchored by Vons Market and was 97% occupied by 18 tenants at time of closing. Originally constructed in 1952 and renovated in 2003, the property is located apprx. 13 miles south of Los Angeles CBD.