NorthMarq’s Atlanta office arranges acquisition financing of $6.2 million for retail property in Athens, Georgia

Retail Property
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ATLANTA, GEORGIA (March 12, 2019) – Wanda Riggs Mack, vice president of NorthMarq’s Atlanta-based regional office, secured acquisition financing of $6.2 million for the renovation of a 91,000 sq. ft. retail property pre-leased to At Home. The property is located at 2656 Atlanta Highway in Athens, Georgia. The transaction was structured with a 35-month term with an existing regional bank relationship.

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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.