$2.4 MILLION LOAN ARRANGED FOR WALGREENS LOCATION

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MINNEAPOLIS — Michael Padilla of NorthMarq Capital’s Minneapolis regional office has arranged a $2.4 million loan for a Walgreens location in Sioux Falls, S.D. The property consists of 13,905 square feet of retail space. Financing was based on a 4 + 4-year term with a 15-year amortization schedule. Symetra Life provided the financing for the undisclosed borrower.

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