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Atlanta & Southeast  + Southeast  + Finance  |  January 10, 2023
Northmarq has finalized $22.5 million in refinancing for the Village on Whitesburg shopping center in Huntsville, AL.
Lisa McDuffie
By: Lisa McDuffie

Huntsville’s Village on Whitesburg Retail Plaza Secures $23M Refinancing

Northmarq has finalized $22.5 million in refinancing for the Village on Whitesburg, a grocery-anchored retail property located at 4800 Whitesburg Drive Southeast in Huntsville, AL.

Randy Wolfe of capital markets resource Northmarq arranged the refi through a commercial bank; the permanent-fixed loan was structured with a seven-year term with a 25-year amortization schedule and at 65% LTV on a non-recourse basis.

Fresh Market serves as the property’s anchor tenant. Other major tenants include AT&T, Bonefish Grill, Drakes, Nadeau, Panera Bread and Learning Express.

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Inside The Story

Northmarq's Wolfe

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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