Retail - Debt

NorthMarq arranges $13,475,000 refinance of Shops at Merchants Square in Huntsville, Alabama

ATLANTA, GEORGIA (August 16, 2021) – Randy Wolfe, senior vice president/managing director of NorthMarq’s Atlanta office, finalized the $13,475,000 refinance of Shops at Merchants Square. The 42,716 sq. ft. A+ Whole Foods shadow-anchored retail property is located at 935 Bob Wallace Avenue in Huntsville, Alabama. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq secured the financing for the borrower through its relationship with a CMBS platform. 

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.