June 28, 2017

NorthMarq Capital’s Boston office arranges $2.5 million refinance of office portfolio in Burlington, Massachusetts

Office Portfolio

Debt & Equity

Multi-Tenant

BOSTON (June 26, 2017) Michael Chase, senior vice president, and Ed Riekstins, managing director of NorthMarq Capital’s Boston regional office, arranged refinancing of $2,500,000 for a 52,075 sq. ft. office property located in Burlington, Massachusetts. The transaction was structured with a long-term fixed rate and a flexible prepayment penalty. NorthMarq arranged financing for the borrower through its relationship with a local bank.

View Available Office 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