Retail - Debt

NorthMarq’s Austin office arranges $2.35 million in acquisition financing for Conroe Plaza in Conroe, Texas

AUSTIN, TEXAS (April 9, 2020) – Chase Johnson, vice president of NorthMarq’s Austin office, secured acquisition financing of $2.25 million for Conroe Plaza. The 9,440 sq. ft. retail property is located at 3846 West Davis Street in Conroe, Texas (Houston MSA). NorthMarq arranged the permanent-fixed loan for the borrower through its correspondent relationship with a life insurance company. Tenants include a fitness center, a dentist office, a beauty salon and an AT&T retail store. 

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 $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.