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NorthMarq Capital Arranges Financing for Seven Retail Properties

by Nate Hunter

Phoenix  The properties are located in Arizona and Texas.

NorthMarq Capital has arranged the financing of seven retail properties in Arizona and Texas on behalf of Barclay Group.Phoenix – NorthMarq Capital’s Phoenix office has arranged financing on seven shadow-anchored shopping centers totaling $43 million. The Class A assets are located in Arizona and Texas and include Fry’s Marketplace, Kroger, Target and Albertsons as the shadow anchors. NorthMarq’s James DuMars arranged the financing through its relationship with New York-based Citigroup Capital Markets. Barclay Group, a national development firm, was the borrower.

   Scott Reid

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