NorthMarq arranges acquisition financing of industrial property in Deer Park, Texas

316 Georgia
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HOUSTON, TEXAS (February 20, 2020) – Larry Peters, senior vice president of NorthMarq’s Houston office arranged acquisition financing for 316 Georgia, a 30,768 sq. ft. industrial property located in Deer Park, Texas. The transaction (max leverage) was structured with a 5-year term. The property, consisting of 8.0 acres will consist of 45 percent office space. 

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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.