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EagleBank Presents: 15 Things You Need to Know

Washington, D.C. Morning Brief Washington DC

Washington, D.C. Morning Brief

August 28, 2018 Bisnow

EagleBank Presents: 15 Things You Need to Know

EagleBank Provides Permanent Financing

To Continental Realty Corp.

EagleBank is pleased to announce that it has provided Continental Realty Corp. with a fixed-rate permanent loan to refinance a Giant-anchored retail center in Columbia, MD. The 86,313 SF neighborhood center, known as Columbia Palace Plaza, has been owned, operated and managed by Continental Realty since the property was developed in 1993. Supported by distinguished sponsorship and a surrounding retail base with excellent demographics, the center has enjoyed long-term stabilized occupancy; it was 100% occupied at the time of closing. In addition to the Giant supermarket anchor, Columbia Palace Plaza features a diverse mix of local and national tenants including Dunkin’ Donuts, Subway, The UPS Store, Royal Farms, Hair Cuttery, and Popeye’s.

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