Patrick Minea, senior vice president and managing director of NorthMarq Capital’s Minneapolis regional office, recently secured the $11 million refinance of Prairieview Shopping Center, a 114,646-square-foot retail property in Eden Prairie, Minn.
The transaction was structured with a 25-year term and 25-year amortization schedule.
NorthMarq arranged financing for the borrower through its correspondent relationship with Thrivent Financial.