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.
Meet our team
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, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.Northmarq.com.
