July 1, 2013

NorthMarq Capital arranged $2.85 million mortgage for Shenandoah Plaza in Harrisonburg, Virginia

Shenandoah Plaza

Debt & Equity

Multi-Tenant

RALEIGH (July 1, 2013) – Todd Crouse, senior vice president and senior director of NorthMarq’s Raleigh regional office, arranged acquisition financing of $2.85 million for Shenandoah Plaza located at 2475 South Main Street in Harrisonburg, Virginia, a 101,628± sq. ft. retail shopping center. Sharp Shopper Grocery, a privately owned discount grocer with a proven track record at the property, Family Dollar and Goodwill are major tenants at the site. Financing was based on a 10-year term and a 20-year amortization schedule. The loan was arranged for the borrower by NorthMarq through its relationship with a community bank.

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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.

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