NorthMarq’s Houston office negotiates refinancing for North Point Shopping Center in San Antonio, Texas
HOUSTON, TEXAS (July 29, 2021) – Blane Eikenhorst, vice president of NorthMarq’s Houston office, arranged the refinancing of North Point Shopping Center. The 29,230 sq. ft. unanchored strip center is located at 4535 Fredericksburg Road in San Antonio, Texas. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq secured the permanent-fixed loan for the borrower through its correspondent relationship with a life insurance company.
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