NorthMarq Capital arrages $13.9 million refinancing for Roanoke Crossing Shopping Center in Roanoke, Texas

Roanoke Crossing Shopping Center
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DENVER (March 25, 2013) - NorthMarq’s Denver regional office arranged refinancing of $13.9 million for Roanoke Crossing Shopping Center located at 101 East Highway 114 in Roanoke, Texas. Constructed in 2004 and 2007 (Phases I and II), the center totals 78,222 sq. ft. and is anchored by Wal-Mart and The Home Depot (neither of which are part of this collateral). The property’s inline space is leased to a strong line-up of national and regional tenant including Dickey’s BBQ Pit, Payless, Shoesource and Subway, to name several. Additionally, there are 7 pad sites leased to JP Morgan Chase, Just Brakes, Chili’s, Sonic, Taco Bueno, Wells Fargo Bank and Wendy’s. John M. Stewart, Senior Vice President; and Ilan Reissner, Investment Analyst, arranged the financing for the national account borrower.

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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