HFF Secures $17.1 Million Financing for Grocery-Anchored Center in Southern California

Sprouts Farmers Market and Marshalls anchor Grand and Alosta, located in the Southern California community of Glendora. Sprouts Farmers Market and Marshalls anchor Grand and Alosta, located in the Southern California community of Glendora.

Glendora, Calif. — HFF has secured $17.1 million in post-acquisition financing for Grand and Alosta, a 70,881-square-foot, newly redeveloped shopping center located in the Southern California community of Glendora.

Anchored by Sprouts Farmers Market and Marshalls, the fully leased property is also home to Orangetheory Fitness, Mattress Firm, Oke Poke, Sherwin-Williams, The Coffee Bean, US Nail and Spa, Burgerim and Creamistry. Paul Brindley, Marc Schillinger and Ryan Ash of HFF worked on behalf of an institutional borrower to secure the seven-year, fixed-rate, full-term, interest only, non-recourse loan through a national life insurance company.

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