PITTSBURGH - PNC Real Estate Finance, a unit of PNC Financial Services Group Inc., has originated a $93 million loan to finance the redevelopment of Independence Mall in Wilmington, N.C.

The majority owner is Westfield America Inc., a Los Angeles real estate investment trust. The expansion will add a 160,000-square-foot Dillard's department store and will incorporate 177,371 square feet of new specialty shop space. Upon completion, the shopping center will cover one million square feet.

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