Northmarq's Houston office arranges refinancing of $2.55 million for Louis Pasteur Retail Center in San Antonio, Texas

HOUSTON, TEXAS (February 17, 2022) – John Burke, senior vice president/managing director of Northmarq’s Houston office, refinanced Louis Pasteur Retail Center for $2.55 million. The 10,682 sq. ft. property is located at 7338 Louis Pasteur Dr. San Antonio, Texas. The permanent-fixed loan was structured with a 10-year term on a 30-year amortization schedule. Northmarq arranged the refinancing for the client through a credit union. 

The property is located across the street from the Audie Murphy VA Hospital, University of Texas Health Science Center and University Hospital. Tenants of the property include: Local Coffee, Bakery Lorraine, Smoothie King, and 30 Minute Kickbox Fitness. Oak Hills Country Club is less than a mile away as well as Oak Hills Golf Course.