August 19, 2014

Arranges $2.95 million refinance of Accellent Industrial Facility in Brooklyn Park, Minnesota

Accellent Facility

Debt & Equity

Multi-Tenant

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.

Available Industrial properties

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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.