New York and Atlanta-based JP Morgan Mortgage Capital funded the loan through its participation in NetFunding.com. Wallace Real Estate received a rate of 6.78% for a 20-year term with 20 years amortization.
The Centre at Panola is a 67,200 sf shopping center located at 3045 Panola Rd. It is anchored by a 51,420 sf Publix supermarket. The shopping center is fully leased. Publix opened in February 2001.
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