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Axiom Capital Corp. announces a closing in Altoona, PA

Axiom Capital Corp. has structured and arranged an $11,000,000 permanent loan for the refinance of a single tenant retail property located in the city of Altoona, Blair County, Pennsylvania. 

The property is comprised of a 222,139 rentable square foot building on 16.35+/- acres. Services provided at the property include Grocery, Deli, Bakery, Garden Center, Auto Care Center, Pharmacy, Photo Center, Pickup and Delivery, Vision Center, Hair Salon and more. The property has excellent frontage along Plank Road, with exposure to almost 35,000 vehicles per day. The property is part of a larger shopping center with numerous national retailers — which helps to draw additional traffic to the area.