Levcor Receives $78 Million Loan for 466,950-Square-Foot Power Center in Pharr, Texas

Pharr Town Center in the Rio Grande Valley totals 466,950 square feet. Pharr Town Center in the Rio Grande Valley totals 466,950 square feet.

Pharr, Texas — Houston-based developer Levcor Inc. has received a $78 million loan to refinance existing construction debt on Pharr Town Center, a 466,950-square-foot retail center in the South Texas city of Pharr.

Goldman Sachs provided the loan for the property, which is currently home to tenants including T.J. Maxx, Main Event Entertainment and Academy Sports + Outdoors. Tom Melody, Tom Fish, Jimmy Board and Jarrod McCabe of JLL arranged the financing.

More News