NorthMarq Capital Secures $26 Million Refinance of Desert Marketplace in Las Vegas

by Katie Sloan

Las Vegas — NorthMarq Capital has secured the $26 million refinance of Desert Marketplace, a 251,785-square-foot mixed-use property located on West Warm Springs Road in Las Vegas.

Scott Monroe of NorthMarq secured the financing, which is structured with a 3-year interest-only term with two one-year extensions. The center is comprised of six buildings occupied by tenants including Walgreens, TJ Maxx, Glazier’s Food Marketplace, Petco and Big 5. 

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