Northmarq’s Debt + Equity team arranges $2.955M refinance of 14928 Oxnard distribution warehouse in Van Nuys, CA
14928 Oxnard
Debt & Equity
Single-Tenant
VAN NUYS, Calif. — Northmarq’s Los Angeles Debt + Equity team led by Zalmi Klyne successfully arranged the $2.955 million refinance of 14928 Oxnard, an 18,000-sq.-ft. distribution/warehouse industrial facility located at 14928 Oxnard St. in Van Nuys, California.
Northmarq arranged financing on behalf of the borrower through a correspondent relationship with a life insurance company. The transaction was structured on a seven-year term.
Built in 1956, 14928 Oxnard is a single-tenant, multi-use facility sitting on 0.65 acres. It is a two-story facility that offers wholesale, retail, showroom, warehouse and other commercial uses.
Meet our team
About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.