Northmarq’s Atlanta office secures $5.85 million refinance of Peachtree Square Shopping Center
Peachtree Square Shopping Center
ATLANTA (June 12, 2024) — Northmarq’s Atlanta Debt + Equity team of Josh Darby, vice president, and Van Glosson, vice president, has completed the $5.85 million refinance of an unanchored, retail strip center in Atlanta, Ga. Located at 2274 Peachtree Road NW, the retail property was built in 1985 and features 35,415 rentable sq. ft. The external refinance was structured on a 5-year term. Northmarq secured the permanent fixed rate loan for the borrower through its relationship with a local bank.
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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.
