June 8, 2015

NorthMarq Capital arranges $6 million in acquisition financing for Fairview Shopping Center in San Antonio, Texas

Fairview Shopping Center

Debt & Equity

Multi-Tenant

SAN ANTONIO (June 8, 2015) – Bryan Leonard, managing director of NorthMarq Capital’s San Antonio based regional office arranged acquisition financing of $6 million for Fairview Shopping Center, a 28,662 sq.ft. retail property located at 24200 Interstate 10 West in San Antonio, Texas. The transaction was structured with a 10-year term and 25-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with Nationwide. “Nationwide offered a reliable and efficient execution at a historically low interest rate to a repeat client for the acquisition of a high quality, well located retail asset,” said Leonard. The property has an excellent location with substantial exposure to high traffic counts along Interstate 10 in one of the highest demographic growth corridors in the city. Major tenants include: Fiddlin’ Frogs, Willie’s Grill and Phyllis Browning Company.

Available Retail (MT) properties

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.