Retail (MT)
Debt & Equity

Arranges $6.5 million refinance of Peachtree Shopping Center in Atlanta, Georgia

ATLANTA (September 16, 2014) – Bruce Foster, senior vice president/managing director of NorthMarq Capital’s Atlanta based regional office arranged the $6.5 million refinancing of Peachtree Shopping Center, a 35,415 square foot retail property located at 2274 Peachtree Road in Atlanta, Georgia. The transaction was structured with a 10-year term and 25-year amortization. NorthMarq arranged financing for the borrower through its conduit relationship with a CMBS lender. Office Depot is a major tenant of the space.

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.

Peachtree_web cropt
Peachtree Shopping Center
Debt
$6,500,000