MINNEAPOLIS (August 19, 2014) – Dan Trebil, senior vice president/managing director of NorthMarq Capital’s Minneapolis based office finalized the $15.75 million refinance of BLN Office Park I & II, a 336,294 sq.ft. property located at 2001 and 2051 Killebrew Drive, Bloomington, Minnesota. The non-recourse bridge loan was arranged by NorthMarq for the borrower through its correspondent relationship with a life insurance company.
“The new financing allows the borrower to continue to take advantage of the property’s desirable location near the Mall of America and the airport,” said Trebil.