October 26, 2016

NorthMarq Capital arranges $52.7 million in loans for a six property industrial warehouse portfolio in the Phoenix and Tolleson, Arizona

Industrial Warehouse Portfolio

Debt & Equity

Multi-Tenant

PHOENIX – James DuMars, senior vice president/managing director of NorthMarq Capital’s Phoenix-based regional office and Michael Elmore, executive vice president/managing director of NorthMarq Capital’s Los Angeles-based regional office, arranged $52.7 million (the aggregate of all individual loans) on the refinance of six industrial warehouse properties, totaling almost 1,200,000 sq. ft., located in Phoenix and Tolleson, Arizona. The financing of the portfolio was through its correspondent relationship with a life insurance company. "These are competitively positioned, brochure quality institutional assets which are highly sought after by the life companies," said DuMars.

View Available Industrial Listings

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.

Transactions