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MinnesotaRetail

NorthMarq provides financing for 37,000-square-foot retail property in Minneapolis

Staff Writer April 5, 2017
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Michael Padilla, vice president of NorthMarq’s Minneapolis regional office, recently arranged first mortgage financing of $2.275 million for Parkway Plaza, a 37,426-square-foot retail property in Minneapolis.

Pet Supplies Plus is the major tenant at this site.

Financing was arranged for the borrower, Hiawatha Plaza Associates, by NorthMarq through its relationship with a correspondent life company lender.

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