News: Brokerage
Posted: August 20, 2008

NorthMarq arranges $2.65m for 2 props.

Craig Bjornsund, senior vice president and managing director of NorthMarq Capital, arranged first mortgage financing in the amount of $2.65 million for Toys-R-Us and Summit Plaza. The property consists of two non-contiguous rectangular parcels improved with a 100% NNN leased 33,000 rentable s/f, freestanding, 1-story Toys-R-Us with mezzanine level and a 1-story 28,000 rentable s/f strip shopping center (Summit Plaza). Major tenants include Family Dollar, Radio Shack and various local tenants.
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