San Diego Business Journal

McMillin Gets $47 Million Refinancing for Liberty Station Retail Center

Tuesday, October 8, 2013

San Diego-based developer The Corky McMillin Cos. has obtained $47 million in refinancing for its Liberty Station Marketplace retail center in Point Loma.

The loan was placed with a “major fund advisor” that was not identified in a statement from the San Diego office of capital services provider HFF, which arranged the refinancing on behalf of McMillin Cos.

The 152,495-square-foot retail center, anchored by Vons and Trader Joe’s, is part of the larger Liberty Station mixed-use development, on the site of the former Naval Training Center.

McMillin Cos. is the master developer of the 361-acre Liberty Station community, which also includes homes, offices, restaurants, parks and schools. Most of the commercial buildings at Liberty Station were constructed in the 1930s and converted for retail and office use in 2007.

— SDBJ Staff Report