Suburban Capital Markets Inc. originated and underwrote thefirst mortgage loan for borrower Washingtonian Lake LLC to replaceconstruction financing for the 29,600-sf retail project. Thefixed-rate loan has since been sold for securitization.
The Washingtonian Waterfront occupies a nearly three-acre parcelat the Washingtonian Center site, which is located in the I-270corridor. The new retail segment consists of 14,600 sf of ofground-level retail beneath a six-level parking facility and 15,000sf of pad site restaurant space. Names on the tenant roster includemen's clothier Jos. A. Banks, Red Rock Canyon Grill andStarbucks.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Unlimited access to GlobeSt and other free ALM publications
- Access to 15 years of GlobeSt archives
- Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
- 1 free article* every 30 days across the ALM subscription network
- Exclusive discounts on ALM events and publications
*May exclude premium content
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
