Aksarben Place is a 33,000 SF Mixed-Use Development located at 63rd and Center in Omaha, NE. Magnum purchased vacated restaurant buildings and a small dilapidated trailer park totaling 3 acres. Magnum developed a 2-building project that houses restaurants, services, and office space that has served the Aksarben area since 2008. Magnum worked with the City of Omaha and secured a capital stack consisting of private equity, tax increment financing (now bonded) and traditional bank debt to fund the project.
STATUS: 100% Leased
PROPERTY TYPE : MIXED-USE