Retail (MT)
Debt & Equity

NorthMarq Capital’s Richmond office arranges $13.9 million refinance for Winterpock Crossing in Midlothian, Virginia

RICHMOND (July 24, 2017) Mike Lowry, senior vice president of NorthMarq Capital’s Richmond regional office, arranged refinancing of $13,900,000 for Winterpock Crossing, a 123,000 sq. ft. retail property located in Midlothian, Virginia. The transaction was structured with a 10-year term on a 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a regional bank.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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Winterpock Crossing
other
$13,900,000