TAMPA, FL-NorthMarq Capital has arranged $2.7 million in first mortgage financing for a freestanding retail property measuring 18,920 square feet at 10207 Buckhead Branch Drive in Jacksonville. The retail box property is occupied by CompUSA.
The first mortgage financing was grounded on a 25-year amortization schedule and a 10-year loan term. Alison Williams from NorthMarq's Tampa regional office and Joel Coykendall from NorthMarq's Jacksonville regional office arranged the financing for The Gate Group, LLC through Protective Life Insurance Company. For the full story, go to Florida Real Estate Journal .
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