CBRE Capital Markets Arranges $32 Million Financing for Town Center Colleyville in Metro Dallas

Colleyville, Texas — CBRE Capital Markets has arranged $32 million in bridge financing for Town Center Colleyville, a 246,327-square-foot grocery-anchored shopping center located in the Dallas-Fort Worth suburb of Colleyville. Sterling Organization acquired the Market Street-anchored center in early 2020. Shaun Moothart, Dana Summers, Scott Lewis and Frank Piasta of CBRE Capital Markets originated and secured the financing on behalf of the owner through Rialto Capital. The loan will provide a three-year initial term, with two one-year extension options.