NorthMarq Capital arranges refinancing of $6.6 million for 2601 Blake Street Office Building in Denver, Colorado
2601 Blake Street Office Building
DENVER (June 19, 2013) - NorthMarq’s Denver regional office arranged a permanent fixed rate loan of $6,600,000 for the 2601 Blake Street Office Building located in Denver’s Ballpark District, a high-end demographic area just northwest of the CBD. This loft-style, four-story multi-tenant historic office building, was constructed in 1923 and was extensively renovated in 2009. The building totals 44,565 sq. ft. and is 98% leased to 9 tenants. The land consists of .52 acres with current on-site parking for 35 cars. Steve Bye, Executive Vice President and Senior Managing Director; and Dan Zale, Investment Analyst, arranged the financing for the borrower, headed by Denver based Ogilvie Properties.
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.
