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Quantum Capital arranges refi for Las Vegas retail centers
Beverly Hills, Calif. — Quantum Capital Partners, a real estate finance and advisory firm, has arranged two new loans to refinance two retail properties in Las Vegas for a private investor.
A $1.04 million loan will refinance the 12,000-sq.-ft. El Mercado, an L-shaped retail center in east Las Vegas, and a $1.19 million loan will refinance Wigwam, a 10,300-sq.-ft. strip center about four miles south of the Las Vegas Strip.
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99 Cents Only opens California store Nov. 14
City of Commerce, Calif. – 99 Cents Only Stores is opening a new store in Ladera Heights, Calif., on Nov. 14. The new store is approximately 19,000 sq. ft. and will feature a perishable food department, including produce, dairy and frozen foods.
99 Cents Only Stores currently operates 334 extreme value retail stores consisting of 240 stores in California, 44 in Texas, 33 in Arizona, and 17 in Nevada.