Arranges $6.5 million refinance of Peachtree Shopping Center in Atlanta, Georgia
Peachtree Shopping Center
ATLANTA (September 16, 2014) – Bruce Foster, senior vice president/managing director of NorthMarq Capital’s Atlanta based regional office arranged the $6.5 million refinancing of Peachtree Shopping Center, a 35,415 square foot retail property located at 2274 Peachtree Road in Atlanta, Georgia. The transaction was structured with a 10-year term and 25-year amortization. NorthMarq arranged financing for the borrower through its conduit relationship with a CMBS lender. Office Depot is a major tenant of the space.
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.