HFF Secures $17.7 Million Loan for Power Center in Plano

Florida-based private equity firm Sterling Organization has acquired Creekwalk Village in Plano. Florida-based private equity firm Sterling Organization has acquired Creekwalk Village in Plano.

Plano, Texas — HFF has secured $17.7 million in post-acquisition financing for Creekwalk Village, a 174,484-square-foot retail power center situated on 14.7 acres at 801 W. 15th St. in Plano.

The center currently houses tenants such as Michaels, Bed Bath & Beyond, Barnes & Noble and Designer Shoe Warehouse. Chris Drew, Nat Scarmazzi and De’On Collins of HFF secured the financing on behalf of an affiliate of Sterling Organization, a Florida-based private equity firm. Southside Bank originated the loan.

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