$32.384 Million loan secured for Milwaukie Marketplace
United States, March 4 -- JLL Capital Markets announced that it has secured a $32.384 million financing for Milwaukie Marketplace, a 185,760-square-foot grocery-anchored retail center in Milwaukie, Oregon.JLL worked on behalf of the borrower, a joint-venture between Lincoln Property Company and PCCP LLC, in arranging the three-year, floating-rate loan through an entity managed by Argentic Investment Management LLC.The Milwaukie Marketplace, located at 10840 SE Oak St., enjoys a strategic position with excellent accessibility. Situated near Hwy-224 and OR-99E, the property is just seven miles from downtown Portland and benefits from proximity to major employment hubs like Providence Milwaukie Hospital, Kaiser Permanente Sunnyside Medical Cen...
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