TRANSACTION

Completed in September 2021, this D22 Capital Advisory assignment involved a $22 million debt restructuring for a 245,550-square-foot retail center at 4475 SW 40th Avenue in Ocala, Florida. The documented tenant mix included Kohl’s on a ground lease, Ashley HomeStore, Petco and Family Dollar.

The center is positioned along Interstate 75 within Ocala’s primary retail corridor and near national retailers including Home Depot, Lowe’s and Sam’s Club. D22’s role focused on restructuring the asset’s debt, distinguishing the engagement from an acquisition loan or property sale. For owners and capital partners reviewing relevant precedent, this page records the center’s scale, location, tenant profile, assignment type, completion date and transaction amount. The facts show D22’s experience with sizable, multi-tenant retail assets and existing capital structures.