NorthMarq Capital’s Denver office arranges $18,500,000 refinance of New Garden Crossing in Greensboro, North Carolina
DENVER (July 6, 2017) – Mark Jeffries, vice president of NorthMarq Capital’s Denver regional office, negotiated the $18,500,000 refinance of New Garden Crossing, a 168,950 sq. ft. retail property located in Greensboro, North Carolina. The transaction was structured with a ten-year term on a 30 year amortization schedule. Major tenants include Lowe’s Foods, Marshalls and Home Goods.
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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.