NorthMarq Capital’s Atlanta office completes $6.4 million refinance of Publix at Lee Crossing in Leesburg, Georgia

Publix at Lee Crossing
Debt & Equity
Shopping Center
Multi-Tenant
Permanent Loan - Fixed
Bank
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ATLANTA (November 8, 2016) – Wanda Riggs Mack, vice president of NorthMarq Capital’s Atlanta-based regional office arranged the $6.4 million refinance of Publix at Lee Crossing, a 56,800 sq. ft. retail property located at 1212 US Highway 19 South in Leesburg, Georgia. The transaction was structured with a fully amortizing 22-year term. NorthMarq arranged financing for the borrower, Leesburg Georgia Hand Properties, LLC, through its relationship with a life insurance company. Publix is the property’s major/anchor tenant. “The borrower engaged NorthMarq on an exclusive assignment to find and negotiate permanent debt, and the lender provided the most competitive quote that met the borrower’s goals,” said Mack. “The borrower was a repeat client of this life insurance company.”

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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.
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