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The Terrace
![](https://static.wixstatic.com/media/449ddc_87a59e5bdb9343a99295566b2643df08.jpg/v1/fill/w_584,h_434,al_c,q_80,usm_0.66_1.00_0.01,enc_auto/449ddc_87a59e5bdb9343a99295566b2643df08.jpg)
City: Newbury Park, California
This 39,270 sq ft retail center, on the Ventura Freeway (US-101) corridor, has a free standing ground leased Chili's restaurant. The center is adjacent to two 100+ room Marriot hotels; the land for these sites were purchased, entitled, and sold by Bob Selleck and Selleck Properties. Acquisition and construction financing from the Principal Group; Take-Out Financing from First California Bank.
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