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