Oakview Plaza

retail property: Omaha NE

Property Highlights


  • Property located on a secondary road – limited visibility
  • Shorter lease terms on many of the major tenants
  • Existing conduit loan on Phase I of the property
  • Life company Loan in pre-payment lock-out period on second phase of property
  • Complex title issues
  • One tenant behind in rent
  • Previously unknown structural problem raised by tenant one week prior to closing

Property Overview

Retail Power Center

Oak View Drive, Omaha, NE

1999 - 2004

177,000 SF

The End Result





  • Separated property into two simultaneous closings to maximize tax advantages for Seller
  • Worked through last-minute structural issue; tenant in default and title issues
  • Defeased conduit loan, pre-paid life company loan

Wolf Creek Plaza