Retail - Debt

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

DALLAS (March 12, 2014) – NorthMarq’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. NorthMarq was able to secure long term life company financing for the acquisition of a high quality investment with an exceptional tenant base for their client. 

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $16 billion, loan servicing portfolio of more than $65 billion and the multi-year tenure of our nearly 600 people.