Northmarq’s Debt + Equity team arranges $21.1M refinancing of Shoppes at the Meadows in Lone Tree, CO
LONE TREE, Colo. — Northmarq’s Denver Debt + Equity team led by Michael Salzman and Patrick O'Malley successfully arranged the $21.1 million refinancing of Shoppes at the Meadows, 107,903-sq.-ft. neighborhood community center located at 8374 Willow St. in Lone Tree, Colorado.
Northmarq arranged permanent-fixed financing on behalf of the borrower through their relationship with a commercial bank. The transaction was structured on a five-year term.
Built in 1997, Shoppes at the Meadows sits on 8.07 acres and features five buildings. The shopping center is anchored by Barnes & Noble and Ulta Beauty and features a strong mix of national and local retailers, as well as service-oriented tenants, including FedEx Kinkos, CityVet, Panda Express, GameStop, Eyeglass World, and Minturn Anglers.
Shoppes at the Meadows is located adjacent to Park Meadows Mall, one of Colorado’s premier regional malls, and benefits from its position within one of the Denver metro area’s most established suburban retail corridors.
It is nestled with close access to Interstate 25 and Colorado State Hwy 470, sitting roughly five miles from downtown Denver and 40 miles from Colorado Springs.
Meet our team
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 $80 billion and has completed $91.3 billion in transactions over the past fours years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide.
