Retail - Debt

NorthMarq Capital secures a loan for Kroger anchored center Pierce Town Center in Amelia, Ohio

CINCINNATI (April 10, 2015) – Susan Branscome, managing director of NorthMarq Capital’s Cincinnati based regional office arranged financing of $4.5 million for Pierce Town Center, a 50,000 sq.ft. retail property located at 200-260 W. Main Street in Amelia, Ohio. The transaction was structured with a 10-year term and 20-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship to American Equity. Kroger shadow anchors the property.

“American Equity provided a very competitive proposal to this borrower,” said Branscome. “This property is newly constructed and is shadow-anchored by Kroger and is located in a strong submarket of Cincinnati.”

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.