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23

NewMark Merrill Buys CA Shopping Center

By Tony Seruga

Madison Marketplace is located in Fair Oaks, Calif., and is 93 percent leased to several national and local retailers including Raley’s Supermarkets and TJ Maxx.

NewMark Merrill Cos. acquired Madison Marketplace, a 258,981-square-foot shopping center in Fair Oaks, Calif., previously owned by TA Realty. The company obtained a 10-year fixed-rate loan provided by John Hancock Insurance for the purchase. Pacific Southwest Realty Services arranged the financing…

NewMark Merrill Buys CA Shopping Center

Categories : Commercial Real Estate

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