Trident Capital Partners has provided a $1.5-million acquisition bridge loan for a newly constructed retail property within the Copperleaf Shopping Center in Blue Springs, Missouri.
The six-month, full-recourse loan is secured by a first lien on the property, a 4,685-square-foot retail building housed on one of the center’s pad sites. The borrower, a partnership of three private investor groups, acquired the property to maintain control over development and tenant selection at the Copperleaf Shopping Center, a 32,978-square-foot neighborhood retail center they purchased in February 2023 for $6.9 million.
Located at 701-727 N. Highway 7, approximately 19 miles southeast of downtown Kansas City, the recently completed structure sits on a 0.5-acre lot with prominent frontage. The building is partially leased to two national restaurant concepts, including a Dutch Bros Coffee and a Qdoba Mexican Eats. Copperleaf Shopping Center is anchored by a lineup of national and service-oriented tenants, including Popeyes, Firehouse Subs, Quest Diagnostics, Marco’s Pizza, Allstate, and Hotworx.
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