An entity tracing to Rajan Rakheja acquired property that makes up the southeast portion of Crossroads Towne Center from an entity tracing to Mark IV Capital in two same day transactions Aug. 26.
The transactions sum $26.13 million with $19.25 million in new debt with Bell Bank, according to commercial real-estate website vizzda.com
The sale includes 154,790 square feet of community shopping center zoned general commercial. It was built in 207 on 17.54 acres.
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An entity tracing to Rajan Rakheja acquired property that makes up the southeast portion of Crossroads Towne Center from an entity tracing to Mark IV Capital in two same day transactions Aug. 26.
The transactions sum $26.13 million with $19.25 million in new debt with Bell Bank, according to commercial real-estate website vizzda.com
The sale includes 154,790 square feet of community shopping center zoned general commercial. It was built in 207 on 17.54 acres.
The property features 110,300 square feet of anchor retail in two buildings and 17,578 square feet of planned area development in two building, plus 23,032 square feet of inline, retail.
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