April 27, 2024
Prime Rate
8.50%
5.19%
4.66%
3.85%
Photo of Fenton Commons
Property Type
Retail
Transaction Details

$11,250,000 Permanent
Bank

Transaction Name
Fenton Commons
Request More Info

Transaction Details

Fenton Commons is a 71,242 square foot shopping center in Fenton, Missouri. The center consists of a large multi-tenant building anchored by Best Buy, Barnes & Noble, and Old Navy that is fronted by two separate outparcels.

Our Solution

Michael Salzman, Vice President of Loan Production at Essex, arranged the acquisition financing. The 10-year loan has a 30-year amortization schedule and was placed with one of Essex Financial Group's key Credit Union relationships.