Parkview Financial provides $19.8M loan for phase one of French Valley Commons

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French Valley Commons artist illustration
Parkview Financial announced it has provided a $19.8 million loan to Temecula-based W Development Partners for the development of the first phase French Valley Commons at the northwest corner of Leon Road and Benton Road in Winchester. Valley News/Courtesy photo
TEMECULA – Parkview Financial announced it has provided a $19.8 million loan to Temecula-based W Development Partners for the development of the first phase French Valley Commons. Phase one will include a nine-building, mixed-use project situated at the northwest corner of Leon Road and Benton Road in the French Valley area of Winchester. The nine buildings will total 87,231 square feet and will include six retail buildings totaling 36,524 square feet and three flex/light industrial buildings comprising 50,532 square feet. Three of the planned retail buildings have already been pre-leased to users including: O’Reilly Auto Parts, Dollar Tree and Jiffy Lube. With the closing of this loan, construction has now commenced on the three leased retail parcels and the largest light industria
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