NorthMarq Capital arranges refinancing of $8 million for North Oak Marketplace in Kansas City, Missouri
North Oak Marketplace
DENVER (March 11, 2013) - NorthMarq’s Denver regional office arranged a refinancing of $8 million for North Oak Marketplace located at 4820-4914 North Oak Trafficway in Kansas City, Missouri. The 154,651 sq. ft. retail center, built in 1970 and remodeled in 2004, consists of one, one-story building whose major anchors are Price Chopper, Goodwill Industries and Big Lots. Other tenants include Cici’s Pizza, Jackson Hewitt and Quizno’s, to name several. John M. Stewart, Senior Vice President; and Ilan Reissner, Investment Analyst, arranged the refinancing for the borrower.
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.
