January 7, 2015

NorthMarq Capital’s Minneapolis office secures $10.7 million in acquisition financing for Williston Business Center in Minnetonka, Minnesota

Williston Business Center

Debt & Equity

Multi-Tenant

MINNEAPOLIS (January 5, 2015) – Patrick S. Minea, senior vice president/managing director and Dan Trebil, senior vice president/managing director of NorthMarq Capital’s Minneapolis based regional office arranged $10.7 million in acquisition financing for the Williston Business Center, a 354,730 sq.ft. of multiple office properties in Minnetonka, Minnesota. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. “This acquisition financing provides significant structure and flexibility, which will allow the borrower to efficiently execute their business plan for this well-located property,” said Minea.

Available Office 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.