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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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.
