Cypress Creek Plaza

Property Name: Cypress Creek Plaza
Location: Houston, TX
Property Type: Retail
Transaction Type: Permanent Financing
Loan Amount: $16,000,000
Details: The Q10 KDH team of Matt Franke, Ray Driver and Emily Zarcaro worked together to arrange $16,000,000 in permanent financing for a newly constructed Class A shopping center.  The retail center, known as Cypress Creek Plaza, is located in Northwest Houston, Texas.  The property is located less than two miles from the newly opened Grand Parkway which has spurred rapid development in the submarket. Cypress Creek Plaza is shadow-anchored by H-E-B Grocery and offers 51,034 NRSF among three buildings and three ground leased pad sites including Chase Bank, Wendy’s and Zaxby’s. The permanent loan was provided by Thrivent Financial at a sub 4% fixed interest rate with a 10-year term and 30-year amortization.
More Info: Matt Franke at 713-871-5811 or contact me