Wednesday, April 04, 2012

North Dallas retail center purchase financed with $6.75 million loan

Cohen Financial
Purchase of the Lakeside Village shopping center on Walnut Hill Lane was financed for $6.75 million.
A Dallas retail investment firm has purchased a high-profile retail center at the southwester corner of Walnut Hill Lane and North Central Expressway and arranged new financing for the property.
The Lakeside Village Shopping center was was financed with a $6.75 million loan that closed on March 30, according to Cohen Financial which arranged the 10-year loan.
Built in 1986, the retail center is 85 percent leased.