NorthMarq Capital’s Denver office arranges $18,500,000 refinance of New Garden Crossing in Greensboro, North Carolina

New Garden Crossing
30392211-9f45-4110-a204-5fd8565f9582.jpg

DENVER (July 6, 2017) – Mark Jeffries, vice president of NorthMarq Capital’s Denver regional office, negotiated the $18,500,000 refinance of New Garden Crossing, a 168,950 sq. ft. retail property located in Greensboro, North Carolina. The transaction was structured with a ten-year term on a 30 year amortization schedule. Major tenants include Lowe’s Foods, Marshalls and Home Goods.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

Image
NM Web Icon News Black

Join the mailing list