Michael James, vice president of NorthMarq Capital, Inc., has arranged $26 million in commercial real estate mortgage financing for Southbury Plaza. The financing was placed through NorthMarq's correspondent relationship with Sun Life Assurance Company of Canada.
Southbury Plaza is a 300,000 s/f retail plaza anchored by Stop &Shop, K-Mart and Borders Books.
NorthMarq, a national real estate investment banker headquartered in Minneapolis with 29 regional offices coast-to-coast, provides commercial real estate debt and equity financing and commercial loan servicing. NorthMarq provides more than $11.8 billion in annual production volume and services a loan portfolio of more than $36.5 billion.