$3 MILLION LOAN ARRANGED FOR RETAIL CENTER IN INDIANA

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BROWNSBURG, IND. — NorthMarq Capital has arranged $3 million in financing for Brownsburg Square Shopping Center in Brownsburg. Anchored by Kmart, the 113,000-square-foot retail center is located at 905 N. Green St. Financing was based on a 5-year term and a 25-year amortization schedule. StanCorp Mortgage Investors provided the loan for the undisclosed borrower. Charles Cotsalas of NorthMarq's Long Island, N.Y., office brokered the transaction.

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