{"id":1004675279,"date":"2023-08-07T04:55:06","date_gmt":"2023-08-07T12:55:06","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004675279"},"modified":"2023-08-07T04:55:08","modified_gmt":"2023-08-07T12:55:08","slug":"branch-properties-lands-refi-for-florida-retail-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/branch-properties-lands-refi-for-florida-retail-center\/","title":{"rendered":"Branch Properties Lands Refi for Florida Retail Center"},"content":{"rendered":"
\"Wynnehaven<\/a>

Wynnehaven Plaza opened earlier this year in Navarre, Fla. Image courtesy of Branch Properties<\/em><\/p><\/div>\n

Branch Properties<\/strong> has obtained a $12.9 million refinancing loan for Wynnehaven Plaza, a 65,000-square-foot shopping center in Navarre, Fla. Working on behalf of the borrower, CBRE<\/strong> secured the financing through 40|86 Mortgage Capital<\/strong>.<\/p>\n

The company acquired the asset last year in March from MAB American Management LLC<\/strong>, while it was still under development. Ameris Bank provided a $16.1 million construction loan in 2022, according to CommercialEdge data.<\/p>\n

At the time of its purchase, the Wynnehaven Plaza was the sixth Publix-anchored center in Branch Properties’ pipeline, all of which having been announced since the beginning of the pandemic. Projects also included Limestone Marketplace, a roughly 76,800-square-foot development in Gainesville, Ga<\/a>.<\/p>\n

Located at 10040 Navarre Parkway on a 10.5-acre parcel, Wynnehaven Plaza provides convenient access to US Highway 98 and Rosewood Drive. Completed this year, the fully leased property comprises a 48,387-square-foot Publix store, roughly 9,700 square feet of inline retail space adjacent to Publix, as well as a freestanding pad site suitable for up to 4,800 square feet. Other tenants include Wave Ice Cream, Qwik Pack & Ship, El Jalisco Mexican Grill and Grand Nail Lounge.<\/p>\n

CBRE Senior Vice President Richard Henry and Vice Chairmen Mike Ryan and Brian Linnihan, together with Director Taylor Crowder, represented the borrower.<\/p>\n","protected":false},"excerpt":{"rendered":"

CBRE secured the loan through 40|86 Mortgage Capital.<\/p>\n","protected":false},"author":436,"featured_media":1004675343,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825,21742,21749,32781],"tags":[49153,32789],"class_list":["post-1004675279","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-latest","category-retail","category-southeast","tag-branch-properties","tag-cbre"],"acf":[],"yoast_head":"\nBranch Properties Lands Refi for Florida Retail Center - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Branch Properties has obtained a $12.9 million refinancing loan for Wynnehaven Plaza, a Publix-anchored shopping center in Navarre, Fla.\" \/>\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\/branch-properties-lands-refi-for-florida-retail-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Branch Properties Lands Refi for Florida Retail Center\" \/>\n<meta property=\"og:description\" content=\"Branch Properties has obtained a $12.9 million refinancing loan for Wynnehaven Plaza, a Publix-anchored shopping center in Navarre, Fla.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/branch-properties-lands-refi-for-florida-retail-center\/\" \/>\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=\"2023-08-07T12:55:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-07T12:55:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/08\/Wynnehaven-Plaza-e1691410213811.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"910\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adina Rogoz\" \/>\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\\\/branch-properties-lands-refi-for-florida-retail-center\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/branch-properties-lands-refi-for-florida-retail-center\\\/\"},\"author\":{\"name\":\"Adina Rogoz\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1e376ba4add70694b922380ddbe946d8\"},\"headline\":\"Branch Properties Lands Refi for Florida Retail Center\",\"datePublished\":\"2023-08-07T12:55:06+00:00\",\"dateModified\":\"2023-08-07T12:55:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/branch-properties-lands-refi-for-florida-retail-center\\\/\"},\"wordCount\":228,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/branch-properties-lands-refi-for-florida-retail-center\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/08\\\/Wynnehaven-Plaza-e1691410213811.jpg\",\"keywords\":[\"Branch Properties\",\"CBRE\"],\"articleSection\":[\"Finance\",\"News\",\"Retail\",\"Southeast\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/branch-properties-lands-refi-for-florida-retail-center\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/branch-properties-lands-refi-for-florida-retail-center\\\/\",\"name\":\"Branch Properties Lands Refi for Florida Retail Center - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/branch-properties-lands-refi-for-florida-retail-center\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/branch-properties-lands-refi-for-florida-retail-center\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/08\\\/Wynnehaven-Plaza-e1691410213811.jpg\",\"datePublished\":\"2023-08-07T12:55:06+00:00\",\"dateModified\":\"2023-08-07T12:55:08+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1e376ba4add70694b922380ddbe946d8\"},\"description\":\"Branch Properties has obtained a $12.9 million refinancing loan for Wynnehaven Plaza, a Publix-anchored shopping center in Navarre, Fla.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/branch-properties-lands-refi-for-florida-retail-center\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/branch-properties-lands-refi-for-florida-retail-center\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/branch-properties-lands-refi-for-florida-retail-center\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/08\\\/Wynnehaven-Plaza-e1691410213811.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/08\\\/Wynnehaven-Plaza-e1691410213811.jpg\",\"width\":910,\"height\":683,\"caption\":\"Wynnehaven Plaza\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/branch-properties-lands-refi-for-florida-retail-center\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Branch Properties Lands Refi for Florida Retail Center\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1e376ba4add70694b922380ddbe946d8\",\"name\":\"Adina Rogoz\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/05\\\/Adina-Rogoz.jpg?w=78\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/05\\\/Adina-Rogoz.jpg?w=78\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/05\\\/Adina-Rogoz.jpg?w=78\",\"caption\":\"Adina Rogoz\"},\"description\":\"Adina Rogoz is a Senior Associate Editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in 2016 and is writing real estate related news, blog articles, reports and Q&As. \ud83d\udce7 You can reach out to her at adina.rogoz@cpe-mhn.com\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/adina-rogoz\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Branch Properties Lands Refi for Florida Retail Center - Commercial Property Executive","description":"Branch Properties has obtained a $12.9 million refinancing loan for Wynnehaven Plaza, a Publix-anchored shopping center in Navarre, Fla.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/branch-properties-lands-refi-for-florida-retail-center\/","og_locale":"en_US","og_type":"article","og_title":"Branch Properties Lands Refi for Florida Retail Center","og_description":"Branch Properties has obtained a $12.9 million refinancing loan for Wynnehaven Plaza, a Publix-anchored shopping center in Navarre, Fla.","og_url":"https:\/\/www.commercialsearch.com\/news\/branch-properties-lands-refi-for-florida-retail-center\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2023-08-07T12:55:06+00:00","article_modified_time":"2023-08-07T12:55:08+00:00","og_image":[{"width":910,"height":683,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/08\/Wynnehaven-Plaza-e1691410213811.jpg","type":"image\/jpeg"}],"author":"Adina Rogoz","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/branch-properties-lands-refi-for-florida-retail-center\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/branch-properties-lands-refi-for-florida-retail-center\/"},"author":{"name":"Adina Rogoz","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1e376ba4add70694b922380ddbe946d8"},"headline":"Branch Properties Lands Refi for Florida Retail Center","datePublished":"2023-08-07T12:55:06+00:00","dateModified":"2023-08-07T12:55:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/branch-properties-lands-refi-for-florida-retail-center\/"},"wordCount":228,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/branch-properties-lands-refi-for-florida-retail-center\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/08\/Wynnehaven-Plaza-e1691410213811.jpg","keywords":["Branch Properties","CBRE"],"articleSection":["Finance","News","Retail","Southeast"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/branch-properties-lands-refi-for-florida-retail-center\/","url":"https:\/\/www.commercialsearch.com\/news\/branch-properties-lands-refi-for-florida-retail-center\/","name":"Branch Properties Lands Refi for Florida Retail Center - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/branch-properties-lands-refi-for-florida-retail-center\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/branch-properties-lands-refi-for-florida-retail-center\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/08\/Wynnehaven-Plaza-e1691410213811.jpg","datePublished":"2023-08-07T12:55:06+00:00","dateModified":"2023-08-07T12:55:08+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1e376ba4add70694b922380ddbe946d8"},"description":"Branch Properties has obtained a $12.9 million refinancing loan for Wynnehaven Plaza, a Publix-anchored shopping center in Navarre, Fla.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/branch-properties-lands-refi-for-florida-retail-center\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/branch-properties-lands-refi-for-florida-retail-center\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/branch-properties-lands-refi-for-florida-retail-center\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/08\/Wynnehaven-Plaza-e1691410213811.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/08\/Wynnehaven-Plaza-e1691410213811.jpg","width":910,"height":683,"caption":"Wynnehaven Plaza"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/branch-properties-lands-refi-for-florida-retail-center\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Branch Properties Lands Refi for Florida Retail Center"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1e376ba4add70694b922380ddbe946d8","name":"Adina Rogoz","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Adina-Rogoz.jpg?w=78","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Adina-Rogoz.jpg?w=78","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Adina-Rogoz.jpg?w=78","caption":"Adina Rogoz"},"description":"Adina Rogoz is a Senior Associate Editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in 2016 and is writing real estate related news, blog articles, reports and Q&As. \ud83d\udce7 You can reach out to her at adina.rogoz@cpe-mhn.com","url":"https:\/\/www.commercialsearch.com\/news\/author\/adina-rogoz\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/08\/Wynnehaven-Plaza-e1691410213811.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004675279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/436"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004675279"}],"version-history":[{"count":9,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004675279\/revisions"}],"predecessor-version":[{"id":1004675366,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004675279\/revisions\/1004675366"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004675343"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004675279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004675279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004675279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}