NorthMarq closes $3.6 million refinance of Ace Hardware location in Woodland, California
Ace Hardware
LOS ANGELES, CALIFORNIA (December 12, 2019) – David Blum, senior director of NorthMarq’s Los Angeles office arranged the $3.6 million refinance of Ace Hardware. The retail property is located at 1350 East Main Street in Woodland, California.
Financing Details:
- 30-year term
- 30-year amortization schedule
- NorthMarq arranged the permanent-fixed loan for the borrower through its correspondent relationship with a life insurance company.
Property Details:
- The subject is a 45,740 sq. ft. freestanding general retail building on 4.97 acres.
- This property is situated in a western portion of a Grocery Outlet, Ross Dress for Less, and Tractor Supply-anchored retail center.
- The building was built in 1995 and renovated in 2019.
Meet our team
About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
