34th-Street-Retail-Lubbock-Texas

Northmarq Arranges Bridge Financing for Two Retail Properties in Lubbock, Texas

by Hayden Spiess

Lubbock, Texas — Northmarq has secured fixed-rate bridge financing for two retail properties located in Lubbock. Poka Lambro Plaza, a 41,404-square-foot retail center located on University Avenue, comprises two buildings. The second property, a 42,152-square-foot shopping center named 34th Street Retail, is located on 34th Street. David Mott of Northmarq arranged the financing on behalf of the sponsor, NetCo Investments Inc.

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