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Danbury, Conn. — NorthMarq Capital has arranged a $20 million refinance for North Street Shopping Center, a 212,406-square-foot retail property located in the New York City suburb of Danbury, Connecticut.
The transaction was structured with a 10-year term and 25-year amortization schedule. Robert Ranieri of NorthMarq arranged the financing on behalf of the borrower through a life insurance company. Tenants at the center include ShopRite and Burlington Coat Factory.