News: Northern New England
Posted: September 2, 2010
NorthMarq Capital arranges $7.495m mortgage for Kmart Plaza
NorthMarq's Boston regional office, has arranged permanent mortgage financing of $7.495 million for Kmart Plaza. The loan was arranged for the borrower, Windalier West Lebanon, LLC, by NorthMarq through its relationship with People's United Bank.
Anchored by Kmart, TJ Maxx and Jo Ann Fabrics, Kmart Plaza is a retail strip center consisting of 178,997 s/f. The property is located on Rte. 12A, off of I-89 at exit 20.
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