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2/12/24
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Oak Hills Shopping Center, a 120k sf inline retail property in Pleasanton, was refinanced with a new permanent loan for $8.6 mil. The property, located at 5410-5480 Sunol Blvd, is anchored by Raley’s grocery, with co-tenants including BMO Bank, Mountain Mike’s Pizza, Jim’s Country Restaurant, Gymboree, and Brick Fitness.
The center occupies a strategic location with major street access and signaled entrances within two miles of the affluent Castlewood Residential Community and Country Club.
Gantry’s Mitch Zeemont, Tony Kaufmann and Alex Poulos arranged the loan on behalf of the borrower, a private real estate entity. The 12-year loan was funded by a life company lender and features a fixed interest rate with 20-year amortization.
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