Grocery-Anchored Queens Retail Secures $32M Financing

Northmarq’s New York Metro Debt + Equity team, led by Robert Delitsky and Charles Cotsalas, arranged $32 million in financing for Springnex Plaza, a 96,028-square-foot retail property located in the Springfield Gardens neighborhood of Queens. Delitsky and Cotsalas arranged financing on behalf of the owner, Mattone Group Springnex LLC, through Principal Financial Group. “Ownership developed Springnex Plaza in ... The post Grocery-Anchored Queens Retail Secures $32M Financing appeared first