JENSEN BEACH, FL-Pier 1 Imports has secured $950,000 worth first loan on its 9,040-square-foot retail asset situated at 3520 NW Federal Highway in Jensen Beach.
The Los Angeles office of NorthMarq Capital has arranged the loan through its affiliation with StanCorp Mortgage Investors, LLC. Amortization schedule for 25 years and a 7+7+7 year term were the basis of financing for the loan. For the full story, go to Florida Real Estate Journal.
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