NorthMarq Secures Loan for Pierce Town Center in Amelia, Ohio

Amelia, Ohio — NorthMarq Capital has secured $4.5 million in financing for Pierce Town Center, a 50,000-square-foot retail property located in Amelia.

Susan Branscome, managing director of NorthMarq Capital’s Cincinnati-based regional office, arranged the deal. The transaction was structured with a 10-year term and 20-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship to American Equity. Kroger shadow anchors the property.