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
Office
Debt
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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.
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