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DALLAS – An affiliate of locally based Retail Plazas Inc. has received $18.9 million in financing for the purchase of two Texas retail properties.
Argentic provided a $15.4 million, ten-year loan for Courtyard Plaza at 155 S. I-35 in New Braunfels.
Wells Fargo provided a $3.5 million, ten-year loan for Duck Community Shopping Center at 5006 N. Jupiter Rd. in Garland.
Berkadia arranged the CMBS financing.
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