Arranges $2.95 million refinance of Accellent Industrial Facility in Brooklyn Park, Minnesota
Accellent Facility
MINNEAPOLIS (August 19, 2014) – Dan Trebil, senior vice president/managing director and Patrick S. Minea, senior vice president/managing director of NorthMarq Capital’s Minneapolis based office negotiated the $2.95 million refinance of Accellent Facility, a 68,904 sq.ft. industrial property located at 6400 and 6420 North Zane Avenue and 5825 North 65th Avenue, Brooklyn Park, Minnesota. NorthMarq arranged financing for the borrower through its correspondent relationship to a life insurance company. “The new loan allows the borrower to lock in long-term, non-recourse financing for this single tenant deal,” said Trebil.
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