Northmarq’s Debt + Equity team arranges $2.73M refinance of Liberty Center Plaza in Seneca Falls, NY
Liberty Center Plaza
Investment Sales - Multifamily
Multi-Tenant
Northmarq’s White Plains Debt + Equity team led by Robert Ranieri successfully arranged the $2.73 million refinance of Liberty Center Plaza, a 81,554-sq.-ft. multi-tenant retail center located at 2109 Nys Routes 5 & 20 in Seneca Falls, New York.
Northmarq secured the permanent-fixed financing on behalf of the borrower, Seneca Bluebird LLC, through a relationship with StanCorp Mortgage Investors LLC. The transaction was structured on a five-year term.
Liberty Center Plaza is a single-story, multi-tenant shopping center sitting on 16.9 acres. The ground leased portion of the property includes a 1,200-sq.-ft. branch bank building occupied by M&T Bank. The property includes two anchor tenants — Tractor Supply Co. and Dollar Tree.
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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.
