{"id":1004322782,"date":"2019-05-10T10:37:39","date_gmt":"2019-05-10T18:37:39","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004322782"},"modified":"2019-05-13T06:45:30","modified_gmt":"2019-05-13T14:45:30","slug":"nazareth-enterprises-acquires-san-mateo-ice-rink","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nazareth-enterprises-acquires-san-mateo-ice-rink\/","title":{"rendered":"Nazareth Enterprises Acquires Bay Area Ice Rink"},"content":{"rendered":"<div id=\"attachment_1004322788\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/BridgePointe-Shopping-Center.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004322788\" data-attachment-id=\"1004322788\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/nazareth-enterprises-acquires-san-mateo-ice-rink\/bridgepointe-shopping-center\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/BridgePointe-Shopping-Center.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;1.8&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;iPhone 7 Plus&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1506857143&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;3.99&quot;,&quot;iso&quot;:&quot;20&quot;,&quot;shutter_speed&quot;:&quot;0.0002710027100271&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"BridgePointe Shopping Center\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;BridgePointe Shopping Center. Image courtesy of Nazareth Enterprises&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/BridgePointe-Shopping-Center.jpg?w=800\" class=\"wp-image-1004322788 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/BridgePointe-Shopping-Center.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/BridgePointe-Shopping-Center.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/BridgePointe-Shopping-Center.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/BridgePointe-Shopping-Center.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004322788\" class=\"wp-caption-text\">BridgePointe Shopping Center.<em> Image courtesy of Nazareth Enterprises<\/em><\/p><\/div>\n<p>Nazareth Enterprises Inc. has acquired BridgePointe Shopping Center, a 55,000-square-foot retail and ice rink facility in San Mateo, Calif., for $11.5 million. SPI Holdings sold the facility in an off-market transaction. Prior to the acquisition, Nazareth Enterprises was leasing the property in order to reopen the abandoned ice rink, which was stopped from being converted into retail through the city\u2019s \u201cSave the Rink\u201d campaign.<\/p>\n<p>Located at 2200-2202 BridgePointe Parkway, the asset is just off Freeway 92, approximately 4 miles from downtown San Mateo. BridgePointe Shopping Center is situated near residential areas where there are around 15,000 units within a 3-mile radius. The retail building currently features around 25,000 square feet of vacant space, according to a recently published article in <em>The Mercury News.<\/em><\/p>\n<p>Fremont Bank secured an <a href=\"https:\/\/www.commercialsearch.com\/news\/small-business-administration-loans-latest-challenges-and-changes\/\">SBA financing<\/a> through TMC Financing for the acquisition of the facility, according to the buyer, Nazareth Enterprises. Fremont Bank\u2019s team was led by Senior Commercial Relationship Manager, Ron La Russa.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SPI Holdings sold the 55,000-square-foot San Mateo retail and ice rink facility in an off-market transaction. The ice rink had been slated for conversion to additional retail space.<\/p>\n","protected":false},"author":871,"featured_media":1004322788,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21742,21749,1609,15],"tags":[36920,32985],"class_list":["post-1004322782","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-latest","category-retail","category-san-francisco","category-west","tag-nazareth-enterprises","tag-tmc-financing"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nazareth Enterprises Acquires Bay Area Ice Rink - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/nazareth-enterprises-acquires-san-mateo-ice-rink\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nazareth Enterprises Acquires Bay Area Ice Rink\" \/>\n<meta property=\"og:description\" content=\"SPI Holdings sold the 55,000-square-foot San Mateo retail and ice rink facility in an off-market transaction. The ice rink had been slated for conversion to additional retail space.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/nazareth-enterprises-acquires-san-mateo-ice-rink\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-10T18:37:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-05-13T14:45:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/BridgePointe-Shopping-Center.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Evelyn Jozsa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nazareth-enterprises-acquires-san-mateo-ice-rink\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nazareth-enterprises-acquires-san-mateo-ice-rink\\\/\"},\"author\":{\"name\":\"Evelyn Jozsa\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/7a1fad8f1e02fa4d8f81f7e9ad21736a\"},\"headline\":\"Nazareth Enterprises Acquires Bay Area Ice Rink\",\"datePublished\":\"2019-05-10T18:37:39+00:00\",\"dateModified\":\"2019-05-13T14:45:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nazareth-enterprises-acquires-san-mateo-ice-rink\\\/\"},\"wordCount\":176,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nazareth-enterprises-acquires-san-mateo-ice-rink\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2019\\\/05\\\/BridgePointe-Shopping-Center.jpg\",\"keywords\":[\"Nazareth Enterprises\",\"TMC Financing\"],\"articleSection\":[\"Deals\",\"Investment\",\"News\",\"Retail\",\"San Francisco\",\"West\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nazareth-enterprises-acquires-san-mateo-ice-rink\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nazareth-enterprises-acquires-san-mateo-ice-rink\\\/\",\"name\":\"Nazareth Enterprises Acquires Bay Area Ice Rink - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nazareth-enterprises-acquires-san-mateo-ice-rink\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nazareth-enterprises-acquires-san-mateo-ice-rink\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2019\\\/05\\\/BridgePointe-Shopping-Center.jpg\",\"datePublished\":\"2019-05-10T18:37:39+00:00\",\"dateModified\":\"2019-05-13T14:45:30+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/7a1fad8f1e02fa4d8f81f7e9ad21736a\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nazareth-enterprises-acquires-san-mateo-ice-rink\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nazareth-enterprises-acquires-san-mateo-ice-rink\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nazareth-enterprises-acquires-san-mateo-ice-rink\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2019\\\/05\\\/BridgePointe-Shopping-Center.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2019\\\/05\\\/BridgePointe-Shopping-Center.jpg\",\"width\":800,\"height\":620,\"caption\":\"BridgePointe Shopping Center. 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