Northmarq’s Atlanta office secures $5.85 million refinance of Peachtree Square Shopping Center
ATLANTA (June 12, 2024) — Northmarq’s Atlanta Debt + Equity team of Josh Darby, vice president, and Van Glosson, vice president, has completed the $5.85 million refinance of an unanchored, retail strip center in Atlanta, Ga. Located at 2274 Peachtree Road NW, the retail property was built in 1985 and features 35,415 rentable sq. ft. The external refinance was structured on a 5-year term. Northmarq secured the permanent fixed rate loan for the borrower through its relationship with a local bank.
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