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Hammond, La. — CBRE has secured a $53 million, 10-year loan for Hammond Square located in Hammond.
Jonathan Rice, C.J. Kelly and Porter McDonald of CBRE arranged financing on behalf of the borrower, Stirling Properties. Morgan Stanley originated the loan. Tenants at the center include Sears, Target, TJ Maxx, JC Penney, Dillard’s, Ulta Beauty, Best Buy, Academy Sports and AMC Theatres.