$46,000,000 Refinance Secured for Retail Property in Rosemead, CA
Wells Fargo provided a $46 million permanent loan to refinance Rosemead Center, a 337,000 square foot power center in Rosemead in the San Gabriel Valley. The financing was a cash out recapitalization on a center anchored by Target, with tenants including Ross Dress for Less, LA Fitness, PetSmart, Ulta Beauty, and Dollar Tree. It was structured as fixed rate, interest only debt and announced in late June 2026.
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Transaction Details
- Closing Date
- Jun 5, 2026
- Loan Amount
- $46,000,000
- Loan Type
- Bank
- Loan Purpose
- Refinance
- Capital Type
- Senior Debt
- Asset Type
- Retail
- Source
- Press release
Property
- Property Name
- Rosemead Center
- Address
- 3506-3684 Rosemead Blvd
- City, State
- Rosemead, CA
- Market
- Los Angeles
Source: view source announcement
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