On behalf of a major Southern California shopping center developer, Gantry’s Braden Turnbull, Patrick Barkley and Chad Metzger have arranged a $28.9 million long-term permanent loan to finance the acquisition of Goodyear Centerpointe, a 324,000 square foot regional power center with I-10 frontage in Goodyear, Arizona. Major tenants include Toys “R” Us, Babies “R” Us, Conn’s HomePlus, Bevmo!, Party City, Goodwill and Sport Chalet. The property is also subject to an unsubordinated ground lease. Financing was arranged through one of Gantry’s life insurance company relationships.

Gantry is a full service mortgage banking firm with a strong lineup of correspondent lenders utilizing Gantry’s production, closing and servicing capabilities. Established in 1991, Gantry is currently staffed by over 60 employees in regional offices throughout the western United States. The company services approximately $8 billion representing over 900 loans. Gantry has been rated as a Primary Servicer by Standard and Poor’s and is one of a select few non-banking/non-insurance chartered companies with this designation.

For more information on this transaction please contact Braden Turnbull at (310) 846-5301, Patrick Barkley at (602) 374-7806, Chad Metzger at (602) 374-7268, or Michael Heagerty at (415) 956-9854.