NorthMarq Capital’s Boston office secures $4.53 million acquisition financing for Meridian East Portfolio in Tampa, Florida
BOSTON (January 2, 2018) – Michael Chase, senior vice president of NorthMarq Capital’s Boston regional office, negotiated financing totaling $4,530,000 for three industrial properties located in Tampa, Florida. The properties are located together and combine for a total of 194,223 sq. ft. This transaction was structured with a full-term interest only loan. NorthMarq arranged financing for the borrower through its relationship with a correspondent life company.
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.
