Industrial - Equity

NorthMarq Capital

NorthMarq Capital’s Tampa office finalizes $23.365 million joint venture equity financing for Key Safety in Lakeland, Florida

TAMPA (January 17, 2018) – Bob Hernandez, senior vice president/managing director of NorthMarq Capital’s Tampa regional office, negotiated $23,365,000 JV equity financing for Key Safety, a 1,400,000 sq. ft. industrial distribution park located in Lakeland, Florida. “The transaction is a joint venture to develop an industrial park along the I-4 corridor,” said Hernandez. “The institutional investor and sponsor worked diligently on several structures to finalize the transaction.”

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of $13 billion, loan servicing portfolio of more than $57 billion and the multi-year tenure of our more than 500 people.