NorthMarq Capital arranges refinancing of $8 million for North Oak Marketplace in Kansas City, Missouri
North Oak Marketplace
DENVER (March 11, 2013) - NorthMarq’s Denver regional office arranged a refinancing of $8 million for North Oak Marketplace located at 4820-4914 North Oak Trafficway in Kansas City, Missouri. The 154,651 sq. ft. retail center, built in 1970 and remodeled in 2004, consists of one, one-story building whose major anchors are Price Chopper, Goodwill Industries and Big Lots. Other tenants include Cici’s Pizza, Jackson Hewitt and Quizno’s, to name several. John M. Stewart, Senior Vice President; and Ilan Reissner, Investment Analyst, arranged the refinancing for the borrower.
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.
