{"id":1004345060,"date":"2019-08-09T09:14:02","date_gmt":"2019-08-09T17:14:02","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004345060"},"modified":"2025-02-27T22:35:00","modified_gmt":"2025-02-28T06:35:00","slug":"northmarq-secures-financing-for-st-louis-mixed-use-buy","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/northmarq-secures-financing-for-st-louis-mixed-use-buy\/","title":{"rendered":"NorthMarq Secures Financing for St. Louis Mixed-Use Buy"},"content":{"rendered":"
\"\"<\/a>

Wildwood Plaza<\/p><\/div>\n

NorthMarq has closed on $3 million in financing for the acquisition of Wildwood Plaza, a 17,490-square-foot mixed-use property in metro St. Louis. The team of Senior Vice President Jeff Chaney and Vice President Dan Baker worked on behalf of the borrower and procured the loan through StanCorp Financial Group.<\/p>\n

The 10-year mortgage carries a 25-year amortization term. According to public records, the seller was Phoenix-based Arciterra, while the buyer is associated with an entity called Chez IX Wildwood Plaza LLC. <\/p>\n

Located at 151 and 179 Plaza Drive in Wildwood, the building was completed in 2007 on a 1-acre site. The asset is part of a planned development that comprises a new City Hall, The Wildwood Hotel, Dierbergs Supermarket, B&B Movie Theater, Walgreens, Starbucks and several other retailers, as well as office buildings. <\/p>\n

The property is fully leased to two tenants\u2014SourceHOV occupies the entire office component, while PNC Financial Services Group leases the ground-floor retail section. SourceHOV, a business solutions and data analytics provider, recently renewed its lease through 2029 and PNC signed on until 2027. <\/p>\n

Wildwood Town Center is situated at the northeast corner of Fountain Place and Plaza Drive, along Manchester Road, some 30 miles west of downtown St. Louis. The submarket is considered one of the most affluent areas in the metro.<\/p>\n

Earlier this summer, NorthMarq arranged a 10-year term refinancing<\/a> for a single-tenant industrial property in Fairfield, Calif. The building is leased to Amcor Rigid Plastics. <\/p>\n

If you\u2019d like to be featured in Brokers\u2019 Corner, send your deal to deals@cpe-mhn.com<\/strong><\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The team of Senior Vice President Jeff Chaney and Vice President Dan Baker facilitated the transaction through StanCorp Financial Group.<\/p>\n","protected":false},"author":240,"featured_media":1004282975,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825,13,21752,21742,1611],"tags":[34291,46610],"class_list":["post-1004345060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-midwest","category-mixed-use","category-latest","category-st-louis","tag-northmarq-capital","tag-stancorp-financial-group"],"acf":[],"yoast_head":"\nNorthMarq Secures Financing for St. Louis Mixed-Use Buy - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/northmarq-secures-financing-for-st-louis-mixed-use-buy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NorthMarq Secures Financing for St. Louis Mixed-Use Buy\" \/>\n<meta property=\"og:description\" content=\"The team of Senior Vice President Jeff Chaney and Vice President Dan Baker facilitated the transaction through StanCorp Financial Group.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/northmarq-secures-financing-for-st-louis-mixed-use-buy\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-09T17:14:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-28T06:35:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/CPE_Brokers_Corner_Header.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Timea-Erika Papp\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/northmarq-secures-financing-for-st-louis-mixed-use-buy\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/northmarq-secures-financing-for-st-louis-mixed-use-buy\/\",\"name\":\"NorthMarq Secures Financing for St. Louis Mixed-Use Buy - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/northmarq-secures-financing-for-st-louis-mixed-use-buy\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/northmarq-secures-financing-for-st-louis-mixed-use-buy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/CPE_Brokers_Corner_Header.jpg\",\"datePublished\":\"2019-08-09T17:14:02+00:00\",\"dateModified\":\"2025-02-28T06:35:00+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f58a713dcbdcb5aab2648af2aa04d6ae\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/northmarq-secures-financing-for-st-louis-mixed-use-buy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/northmarq-secures-financing-for-st-louis-mixed-use-buy\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/northmarq-secures-financing-for-st-louis-mixed-use-buy\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/CPE_Brokers_Corner_Header.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/CPE_Brokers_Corner_Header.jpg\",\"width\":600,\"height\":300},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/northmarq-secures-financing-for-st-louis-mixed-use-buy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NorthMarq Secures Financing for St. Louis Mixed-Use Buy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f58a713dcbdcb5aab2648af2aa04d6ae\",\"name\":\"Timea-Erika Papp\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1abbd000efb56bab071b49e7aa22c0d49e96fb0374efdef0909c7744785579a7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1abbd000efb56bab071b49e7aa22c0d49e96fb0374efdef0909c7744785579a7?s=96&d=mm&r=g\",\"caption\":\"Timea-Erika Papp\"},\"description\":\"Timea is a senior writer covering CRE marketing, tech and real estate trends, as well as industry news in the U.S. Timea was previously a senior associate editor at Multi-Housing News and Commercial Property Executive and has an academic background in law. She has been working in the real estate industry since 2011.\",\"sameAs\":[\"timea-erika.papp@cpe-mhn.com\"],\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/timeaerikapapp\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"NorthMarq Secures Financing for St. Louis Mixed-Use Buy - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/northmarq-secures-financing-for-st-louis-mixed-use-buy\/","og_locale":"en_US","og_type":"article","og_title":"NorthMarq Secures Financing for St. Louis Mixed-Use Buy","og_description":"The team of Senior Vice President Jeff Chaney and Vice President Dan Baker facilitated the transaction through StanCorp Financial Group.","og_url":"https:\/\/www.commercialsearch.com\/news\/northmarq-secures-financing-for-st-louis-mixed-use-buy\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2019-08-09T17:14:02+00:00","article_modified_time":"2025-02-28T06:35:00+00:00","og_image":[{"width":600,"height":300,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/CPE_Brokers_Corner_Header.jpg","type":"image\/jpeg"}],"author":"Timea-Erika Papp","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/northmarq-secures-financing-for-st-louis-mixed-use-buy\/","url":"https:\/\/www.commercialsearch.com\/news\/northmarq-secures-financing-for-st-louis-mixed-use-buy\/","name":"NorthMarq Secures Financing for St. Louis Mixed-Use Buy - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/northmarq-secures-financing-for-st-louis-mixed-use-buy\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/northmarq-secures-financing-for-st-louis-mixed-use-buy\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/CPE_Brokers_Corner_Header.jpg","datePublished":"2019-08-09T17:14:02+00:00","dateModified":"2025-02-28T06:35:00+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f58a713dcbdcb5aab2648af2aa04d6ae"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/northmarq-secures-financing-for-st-louis-mixed-use-buy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/northmarq-secures-financing-for-st-louis-mixed-use-buy\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/northmarq-secures-financing-for-st-louis-mixed-use-buy\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/CPE_Brokers_Corner_Header.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/CPE_Brokers_Corner_Header.jpg","width":600,"height":300},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/northmarq-secures-financing-for-st-louis-mixed-use-buy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"NorthMarq Secures Financing for St. Louis Mixed-Use Buy"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f58a713dcbdcb5aab2648af2aa04d6ae","name":"Timea-Erika Papp","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1abbd000efb56bab071b49e7aa22c0d49e96fb0374efdef0909c7744785579a7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1abbd000efb56bab071b49e7aa22c0d49e96fb0374efdef0909c7744785579a7?s=96&d=mm&r=g","caption":"Timea-Erika Papp"},"description":"Timea is a senior writer covering CRE marketing, tech and real estate trends, as well as industry news in the U.S. Timea was previously a senior associate editor at Multi-Housing News and Commercial Property Executive and has an academic background in law. She has been working in the real estate industry since 2011.","sameAs":["timea-erika.papp@cpe-mhn.com"],"url":"https:\/\/www.commercialsearch.com\/news\/author\/timeaerikapapp\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/CPE_Brokers_Corner_Header.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004345060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/240"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004345060"}],"version-history":[{"count":10,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004345060\/revisions"}],"predecessor-version":[{"id":1004533571,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004345060\/revisions\/1004533571"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004282975"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004345060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004345060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004345060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}