Optimus scores $22M refinancing for South LA shopping center

Optimus Properties has landed a $21.5 million loan to refinance a 77,100-square-foot shopping center in South Los Angeles for $292 per square foot — double what some Class A offices fetch in Downtown L.A. The Century City-based secured the loan tied to the Juanita Tate Marketplace at 1040 Slauson Avenue, in Florence, the Los Angeles […]

This article originally appeared on The Real Deal. Click here to read the full story.

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