Retail N Illinois

NorthMarq closes $8.4 million refinance of St. Louis-area retail center

NorthMarq closes $8.4 million refinance of St. Louis-area retail center,ph01

Susan Branscome, senior vice president/managing director of NorthMarq’s Cincinnati-based regional office, arranged the $8.4 million refinance of Alton Corners Shopping Center in the St. Louis market.

The 50,063-square-foot retail property is located at 309-319 Horner M Adams Parkway in Alton, Illinois, which is part of the St. Louis area. NorthMarq arranged financing for the borrower through its relationship with a regional bank.