February 23, 2017

NorthMarq Capital’s Boston office arranges $13,725,000 acquisition of retail center in Tyngsboro, Massachusetts

Retail Center

Debt & Equity

Multi-Tenant

BOSTON (February 23, 2017) Michael Chase, senior vice president of NorthMarq Capital’s Boston regional office, arranged acquisition financing of $13,725,000 for a neighborhood retail center located in Tyngsboro, Massachusetts. The transaction was structured with long-term financing which included two years of interest-only and a flexible prepayment structure. NorthMarq arranged financing for the borrower through its relationship with a regional bank.

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Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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