Scottsdale Developer, Jakosky Properties scores refi for Whole Foods-Anchored Center at NEC of Miller and Indian School

4/1/2025

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• Subcategory: Capital Markets: Debt, Retail: Shopping

• Tag: Closing

• Additional Filters-Subcategory: Capital Markets: Debt-Refinance, Retail: Grocery Anchored

• Company: Whole Foods (Nasdaq: AMZN), Thompson Thrift

A planned Whole Foods Market will not be built until 2026, but a Scottsdale developer was able to ink a refinancing on the property nonetheless. Commercial Edge reports Jakosky Properties received a $24.5 million refinancing loan for its 92,622-square-foot retail center at 7620 East Indian School Road in Scottsdale, Ariz. City National Bank originated the note.