April 30, 2014

NorthMarq Capital arranges $2.17 million acquisition of Northlake Plaza in Charlotte, North Carolina

Northlake Plaza

Debt & Equity

Multi-Tenant

CHARLOTTE (April 30, 2014) – Kevin Jenkins, vice president of NorthMarq Capital’s Charlotte based regional office arranged the $2.17 million acquisition of Northlake Plaza, a 9,600 sq.ft. retail property located in Charlotte, North Carolina. The transaction is structured with a 15-year term and 25-year amortization schedule and was arranged by NorthMarq for the borrower through its relationship with a correspondent life company.

Available Retail (MT) properties

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.