November 16, 2015

NorthMarq Capital’s San Francisco office secures $5.15 million refinance of 143,340 sq.ft. industrial property in Fremont, California

6850 Stevenson Boulevard

Debt & Equity

Multi-Tenant

SAN FRANCISCO (November 16, 2015) – Dennis Williams, senior vice president/managing director of NorthMarq Capital’s San Francisco office finalized the $5.1 million refinance of a 143,340 sq.ft. industrial property located at 6850 Stevenson Boulevard in San Francisco, California. The transaction was structured with a fully-amortizing 15-year term. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. “The financing enabled the borrower to secure a long-term loan at an attractive rate. The borrower reduced the rate on their existing debt by 175 basis points for 15 years,” explained Williams.

Available Industrial properties

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.