Northmarq’s Seattle office arranges $8.3M in financing for Snoqualmie Ridge Town Center

Snoqualmie Ridge Town Center
multi-tenant retail center

SNOQUALMIE, Wash. (April 16, 2025) — Northmarq has arranged $8.3 million in refinancing for Snoqualmie Ridge Town Center, a well-established 20-tenant retail center located in the scenic community of Snoqualmie, Washington. The transaction was led by Ron Peterson and Jack Bell of Northmarq’s Seattle office.

The retail center is a cornerstone of daily retail and service needs for the surrounding residential neighborhoods. The diverse tenant mix includes nationally recognized brands like Starbucks and Dollar Tree — in addition to local tenants like Kiddie Academy of Snoqualmie — reflecting strong consumer demand and long-term leasing stability.

Its strategic location just off Snoqualmie Parkway and Interstate 90 offers easy access to Bellevue, Seattle and the greater Eastside region, making it a convenient stop for both local residents and commuters.

Northmarq arranged the 10-year, fixed-rate financing through its correspondent relationship with a life insurance company, tailoring the structure to support the borrower’s long-term ownership strategy.

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.