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OLD TAPPAN, NJ—NorthMarq Capital's New Jersey based regional office secured $12 million in permanent financing for the Bi-State Plaza Shopping Center, an 88,000 square-foot grocery-anchored shopping center in the affluent community of Old Tappan, NJ.
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Leasing revenue jumped 13% year-over-year, and capital markets services were up 15%.
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There was also increased interest from lenders.