HFF Secures $92 Million Refinancing for Grand Plaza in Metro San Diego

Grand Plaza, located roughly 35 miles outside San Diego in San Marcos, is occupied by Nordstrom Rack. Grand Plaza, located roughly 35 miles outside San Diego in San Marcos, is occupied by Nordstrom Rack.

San Marcos, Calif. — HFF has secured a $92 million refinancing for Grand Plaza, a 356,796-square-foot power center located roughly 35 miles outside San Diego in San Marcos.

Sprouts Farmers Market anchors the center, which is also home to tenants including Orchard Supply Hardware, Bed Bath and Beyond, Ross Dress for Less, Marshalls, Boudin Bakery, Lane Bryant, Party City, Broken Yolk Café, Starbucks Coffee, Ulta Beauty and Nordstrom Rack. John Chun, Sebastian Trujillo and AJ Manas of HFF worked on behalf of United American Properties Inc. and World Premier Investments Inc. to place the 25-year, fixed-rate loan with J.P. Morgan Asset Management.

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