NorthMarq’s Atlanta office negotiates $24.5 million acquisition financing of Plaza Mall of Georgia in Buford, Georgia
Plaza Mall
ATLANTA, GEORGIA (March 1, 2018) – Randy Wolfe, Managing Director of NorthMarq’s Atlanta-based regional office, negotiated the $24.5 million refinance of Plaza Mall of Georgia, a 96,960 sq. ft. retail property located at 3333 Buford Drive NE in Buford, Georgia. The transaction was structured with a 10-year term with 3-years of interest-only followed by a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a national CMBS lender.
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.
