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