MIAMI (April 8, 2013) – Bill Johnson , svp/managing director of NorthMarq’s Miami regional office arranged first mortgage refinancing of $12 million for Alderman Plaza, a 93,487 sq. ft. retail center located at 35110 US Highway 19 North in Palm Harbor, Florida. The center is anchored by LA Fitness. Financing was based on 10-year term and a 30-year amortization schedule. NorthMarq arranged this financing for the borrower through its relationship with a CMBS lender.