Property Type Retail
Date January 19, 2016
Gantry has arranged the purchase of the San Antonio Shopping Center.
Gantry has arranged the purchase of the San Antonio Shopping Center. The center is located at 445 San Antonio Road, Mountain View, California. Eric Von Berg, a Principal of Gantry, working as a representative for the buyer, MerloneGeier Partners (MGP), arranged the $41,250,000 purchase of this 180,000 square foot shopping center. The center is anchored by Sears. MGP plans to redevelop the property. We appreciated Eric.s targeted approach. He learned our capabilities and advocated our firm as able to close for cash in this difficult environment. In addition, he recognized our ability to ultimately create a higher density, retail-driven development the City of Mountain View can be proud of , said Brad Geier, Co-Managing Partner of MerloneGeier Partners. MerloneGeier Partners is a private investment firm focused on the acquisition and active ownership of retail properties on the west coast. With offices in San Francisco, Sacramento, Seattle, Los Angeles, Irvine, Las Vegas and Phoenix, Gantry is a full service mortgage banking firm with a strong lineup of correspondent lenders utilizing Gantry’s production, closing and servicing capabilities. In addition to arranging loans, Gantry is active in loan restructuring assignments through its Debt Advisory Group. Established in November 1991, Gantry is currently staffed by approximately 50 employees in seven regional offices throughout the western United States. The company services over $5 billion with nearly 800 loans. Gantry has been rated as a Primary Servicer by Standard and Poor’s and is one of a select few non-banking / non-insurance chartered companies with this designation. For more information on this transaction please contact Eric Von Berg at (415) 956-9922 or Michael Heagerty at (415) 956-9854.