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LEWISVILLE, TX-Vista Ridge Marketplace, a four-year-old, 90,122-sf shopping center in one of Greater Dallas' fastest-growing suburbs, has been refinanced with a $17.2-million loan from New York-based Goldman Sachs Commercial Mortgage. The 10-year securitized loan at a fixed-rate interest is being amortized over 30 years.

Under terms of the loan, Owen Holdings Inc. of Dallas will make interest-only payments for the first four years of the loan. Trey Morsbach, senior managing director in the Dallas office of Holliday Fenoglio Fowler LP, negotiated the financing package for the borrower.

Morsbach says the lender has placed almost a non-risk loan for a center in a 90,000-household trade area. "Vista Ridge Marketplace is located in a prime retail area of Lewisville containing more than three million sf and boasting traffic counts of more than 200,000 vehicles in a 24-hour period," Morsbach says.