NorthMarq Capital arranges acquisition of 7002 Gunn Highway in Tampa, Florida

7002 Gunn Highway
b4c09d44-c13a-4ae2-9069-048d756f9657
DALLAS (March 12, 2014) – Suzanne Jones, vice president of NorthMarq Capital’s Dallas based regional office negotiated the acquisition of 7002 Gunn Highway, a 10,700 sq.ft. retail center located in Tampa, Florida. The transaction was structured with a 20-year term and 20-year amortization schedule and was arranged for the borrower by NorthMarq through its relationship with a correspondent life company. “We were able to secure long term life company financing for the acquisition of a high quality investment with an exceptional tenant base for my client,” said Jones.

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, 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

Stay on top of industry research