5th Street Public Market

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5th Street Public Market

PROPERTY:

5th Street Public Market – 155,718 sf mixed-use retail, office, and hotel property

LOCATION:

Eugene, OR

FINANCING;

Highland arranged a $21,825,000 permanent loan, sized to 73% LTV, fixed for 10 years featuring 3 years of IO.  5th Street Public Market is a highly successful and acclaimed mixed-use project in downtown Eugene, Oregon. Owned since 1976 by the Sponsor, there are more than 60 exciting retailers, restaurants, service providers, office users and a premier hotel, which ground leases its space from the Market, to create a lively project with a magnetic attraction. It is Eugene’s #1 destination for city residents, university-related visitors, business travelers, and tourists.