Retail (MT)
Debt & Equity

NorthMarq Capital negotiates $41 million in acquisition financing for Campus Marketplace in San Marcos, California

PHOENIX – James DuMars, senior vice president/managing director of NorthMarq Capital’s Phoenix based regional office secured acquisition financing of $41 million for Campus Marketplace, a 144,287 sq.ft. retail property located at 300-380 S. Twin Oaks Valley Road in San Marcos, California. NorthMarq arranged financing for the borrower through a CMBS lender. Major tenants include Ralph’s and CVS. “Goldman Sachs offered an exceptional execution. This is yet another successful transaction in the continuation of a long term repeat relationship,” said DuMars. “The transaction went smoothly because the teams (lender and borrower) know each other very well and have completed similar transactions together in the past. Finally, the real estate is of exceptional quality.”

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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Campus Marketplace
Debt
$41,000,000