Finance i Ohio

NorthMarq provides $7 million in financing for Dayton retail center

NorthMarq provides $7 million in financing for Dayton retail center,ph01

Noah Juran, senior vice president/senior director of NorthMarq’s Cincinnati-based regional office, arranged acquisition financing of $7 million for Southland 75 Shopping Center, a 117,410-square-foot retail property at 8265-8361 Springboro Pike in Dayton, Ohio.

The permanent-fixed loan was structured with a 10-year term on a 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a regional bank.

Major tenants include Dollar Tree, Once-Upon-A-Child, Hobby Lobby and Get Air Trampoline Park.