NORTHMARQ CAPITAL ARRANGES $8.5 MILLION RETAIL LOAN IN SHREWBURY, MO.

SHREWSBURY, MO. — NorthMarq Capital has arranged an $8.5 million loan for Mackenzie Pointe Shopping Center, a grocery-anchored retail center in Shrewsbury. Situated on 23.23 acres at 7241 Watson Road, the property offers 167,916 square feet of rentable retail space. The major tenant is Dierbergs. Financing was based on a 10-year term and a 25-year amortization schedule. Jeff Chaney of NorthMarq Capital's St. Louis Regional office arranged the financing.