NorthMarq Capital arranges seven shadow-anchored retail properties totaling $43 million in Arizona and Texas

Seven Retail Properties
PHOENIX – James DuMars, senior vice president/managing director of NorthMarq Capital’s Phoenix office arranged financing on seven shadow-anchored retail properties totaling $43 million. The class “A” assets are located in Arizona and Texas and include Fry’s Marketplace, (Kroger), Target and Albertsons as the shadow anchors. NorthMarq arranged the financing through its relationship with an institutional lender. The borrower, Barclay Group, is a national development firm who has developed more than 100 retail centers. Over the years DuMars has assisted Barclay with nearly $200 Million in permanent financing transactions. “Barclay Group wanted to take advantage of the historically low interest rates and lock in long term,” said DuMars. “Furthermore, there were many suitors for these strong performing centers backed up by a premier developer such as Barclay Group.”

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:

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