James of NorthMarq places $1.406m mtge. for Walgreens

Michael James, vice president of NorthMarq Capital's upstate New York Regional office, arranged first mortgage financing in the amount of $1.406 million for a Walgreens Pharmacy located 3564 Delaware Ave. at Sheridan Dr. The subject property consists of 14,550 s/f of retail space. Financing was arranged for the borrower by NorthMarq through its correspondent relationship with Sun Life Assurance Company of Canada. NorthMarq offers a full range of commercial real estate solutions across the country from its headquarters in Minneapolis, Minn. The NorthMarq Capital group offers commercial real estate investment banking, investment sales, real estate debt and equity financing, and commercial loan servicing in 31 offices coast-to-coast, averaging $10 billion in annual production volume and servicing a loan portfolio of more than $37 billion.

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