NorthMarq Capital negotiates permanent financing of $8.9 million for retail property in Mechanicsville, Virginia
RICHMOND (May 25, 2018) Keith Wells, senior vice president of NorthMarq Capital’s Richmond regional office, arranged permanent financing of $8.9 million for a 73,440 sq. ft. shopping center built in 2007. Located in Mechanicsville, Virginia, this asset is afforded exceptional accessibility offered by the nearby I-295 that connects it with Richmond. The property is located in Mechanicsville’s primary shopping area and is surrounded by a plethora of national retailers that all work together to drive consumers to the area. The entire shopping center benefits from a very strong lineup of national tenants.
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