homeWelcome, sign in or click here to subscribe.login
     


 

 

Real Estate


print  email to a friend  reprints add to mydjc  

October 30, 2025

Gantry delivers $6M refi for Bothell retail

On the north end of Bothell, next to a Fred Meyer, is the six-building Canyon Park Commons, at 21105-21129 Bothell Everett Hwy. There, Gantry recently announced, it has arranged a $6 million refinancing package to the original owner and developer of the retail complex, Business Property Development LLC, which is also based in Bothell. Minnesota Life Insurance was the lender, per Snohomish County records. Developed during the past dozen-plus years, six buildings have 31,000 square feet, and they're fully leased to tenants including Verizon, Red Robin, Panera Bread, Chipotle and KeyBank. Gantry's Stefan Malmlund, Peter Welsh, and Claire Jones led the effort. The fixed-rate note has a five-year term. Malmlund said in a statement, “The subject property has experienced strong historical operating history and was identified as a perfect candidate to secure a conservative loan for the sponsor's business plan.”




Email or user name:
Password:
 
Forgot password? Click here.