Schaumburg, Ill. – The transaction went under contract in fewer than 30 days.
Birmingham, Ala. and Crescent Springs, Ky. – The two centers were refinanced for a combined total of $25.1 million.
Canton, Lansing and Okemos, Mich. – The four-property retail portfolio totals 39,409 square feet.
Phoenix – The properties are located in Arizona and Texas.
Highland Heights, Ohio – More than 330,000 residents with an average household income of $69,000 live within a seven-mile radius of Brainard Crossing.
Pensacola, Fla. – Park Place Promenade was constructed in 2003-2004 and is comprised of five in-line buildings.
Eden Prairie, Minn. – The transaction was structured with a 25-year term and 25-year amortization schedule.
Los Angeles – Two of the properties, Harbor Place and Plaza Alicia, were refinanced with a 10-year term and a 30-year amortization.
Phoenix – Both transactions were arranged for the borrower by NorthMarq through its relationship with a CMBS lender.
Toms River, N.J. – Tri-City Plaza is 100 percent leased to 17 tenants.