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Broker

Mark Lovering

Northmarq
Chicago Office
Associate Vice President
  • 3Active Listings
  • $13,017,857Active Volume
  • 0Under Contract
  • $0Volume
  • 0Closed Transactions
  • $0Sold Volume

Mark Lovering is an associate vice president in Northmarq’s Chicago office. Mark specializes in the acquisition, disposition and capitalization of net lease retail, industrial and office properties for a national client base. During his tenure, he’s closed on more than $650 million in total transaction volume and partnered with some of the nation’s largest private equity firms, publicly traded institutions & merchant developers. Prior to Northmarq, Mark served as an associate director at Stan Johnson Company, where he initially joined one of the company’s largest brokerage teams led by BJ Feller as an associate. Lovering earned a bachelor’s degree in history from Ohio Wesleyan University and a J.D. from Roger Williams University School of Law, where he focused on real property law and land use controls. Additionally, Mark holds a certificate in commercial real estate finance and development from the Jones Graduate School of Business at Rice University.

Licensed in: IL , OH
303 S Wacker Drive Suite 1111 Chicago, IL 60601

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6933 Indianapolis Boulevard, Hammond, IN , 46324
  • Size SF10,080
  • Built/Renov2011
  • Price/SF$149
  • Lease Start02-01-2023
  • Rent/SF$13.08
  • Lease Type NN+
  • Lot/AC0.76
  • Pop 5MI250,159

1,506,857

  • Cap Rate 8.75%
  • NOI $131,850
  • R. Term/Yrs 3.4
  • Guarantor Corp R + T
  • # Units 8,359
  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Freeway close

  • Strong demographics

  • Recently extended lease

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Family Dollar
  • Guarantor Corp T and Rated
  • #Units 8,359
  • Moody's/S&P Baa2/ BBB
  • Stock NASDAQ: DLTR
9449 South Western Avenue, Chicago, IL , 60643
  • Size SF7,200
  • Built/Renov1981/2006
  • Price/SF$992
  • Lease Start06-01-2006
  • Rent/SF$69.44
  • Lease Type Abs NNN
  • Lot/AC0.60
  • Pop 5MI605,877

7,143,000

  • Cap Rate 7.00%
  • NOI $500,000
  • R. Term/Yrs 9.3
  • Guarantor Corp R + T
  • # Units 4,600
  • Signalized intersection

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Major thoroughfare

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Recently extended lease

  • Absolute NNN

  • Traded and rated company

  • ...
  • Tenant Citibank
  • Guarantor Corp T and Rated
  • #Units 4,600
  • Moody's/S&P Aa3/ A+
  • Stock NYSE: C
1717 Milton Avenue, Janesville, WI , 53545
  • Size SF13,905
  • Built/Renov1998
  • Price/SF$314
  • Lease Start06-01-1998
  • Rent/SF$19.95
  • Lease Type Double NN
  • Lot/AC1.44
  • Pop 5MI69,388

4,368,000

  • Cap Rate 6.35%
  • NOI $277,405
  • R. Term/Yrs 14.8
  • Guarantor Corp R + T
  • # Units 13,532
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Affluent suburb location

  • Long operation history

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

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