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Pleasant Hill, Calif. — The transaction was structured with a 20-year term fully amortizing loan.
NorthMarq Capital has arranged the $15 million refinance of Crossroads Shopping Center, a 92,500-square-foot retail property located in Pleasant Hill. The transaction was structured with a 20-year term fully amortizing loan. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. Tenants include Dick’s Sporting Goods and DSW Shoe Warehouse. Dennis Williams, managing director of NorthMarq’s San Francisco-based regional office, arranged the transaction.