Largo Capital Arranges $18.6 Million Retail Acquisition Loan in Melbourne, Florida

September 21, 2026 – Melbourne, Florida – Kevin Coscia of Largo Capital, Inc. arranged a $18,600,000 acquisition loan for a newly constructed Grocery Anchored Retail Center located along a high-traffic commercial corridor in Melbourne, Florida. The loan was placed through one of Largo’s life company correspondent lenders.

The property is 100% occupied by national tenants with a weighted average lease term of 15.2 years, reflecting strong tenant demand and long-term income stability. Built in 2025, the asset offers modern construction and strong visibility along a well-traveled corridor with convenient access to major roadways and surrounding retail.

Largo Capital’s award-winning in-house servicing team will service this loan, reinforcing the firm’s long-term lender relationships and commitment to ongoing asset management support.