MONDAY, OCTOBER 13, 2008

NorthMarq arranges $2.42 million in financing for St. Louis Park retail center

by Jim Brubaker
Minnesota

Knollwood Retail

NorthMarq's Daniel Trebil, vice president and senior director of the Minneapolis regional office, arranged first mortgage financing of $2.42 million for St. Louis Park, Minn.'s Knollwood Retail.

Knollwood Retail, a two building property totaling 11,765 square feet of retail space, was financed based on a 10-year term with a 25-year amortization schedule. The financing was arranged for the borrower through NorthMarq's relationship with a pension fund advisory firm.

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