NEWMARK REALTY CAPITAL ARRANGES $43.75 MILLION LOAN

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WOODINVILLE, WASH. — Newmark Realty Capital Inc. has arranged a $43.75 million loan for the Downtown Woodinville Shopping Center in Woodinville. The 325,000-square-foot retail center is tenanted by Top Foods, a 12-screen Cineplex Odeon Theatre, PetSmart, Barnes & Noble, Eddie Bauer and Cost Plus. Michael Taylor of Newmark’s Seattle office secured the permanent financing through John Hancock Life Insurance Co. Newmark also worked with Seattle Mortgage and Glacier Real Estate Finance on this transaction.

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