July 28, 2014

NorthMarq Capital arranges $3.34 million acquisition of Natural Grocers by Vitamin Cottage in Lawrence, Kansas

Natural Grocers by Vitamin Cottage

Debt & Equity

Multi-Tenant

DENVER (July 28, 2014) – Stephen Bye, executive vice president/managing director and Mark Lindgren, investment analyst of NorthMarq Capital’s Denver based regional office secured the $3.34 million acquisition financing of Natural Grocers by Vitamin Cottage, a 13,251 sq.ft. retail property located at 1301 West 23rd Street in Lawrence, Kansas. The property is adjacent to the campus of the University of Kansas which boasts a full-time enrollment of over 30,000 students. The transaction was structured with a 7-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower, an affiliate of the Boulder, Colorado based Pedersen Development Company though its relationship with a national bank.

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.