NorthMarq Capital arranges refinancing of $15 million for Braker Center 6, 7 and 11 in Austin, Texas
Braker Center 6, 7 and 11
DENVER (May 8, 2013) - NorthMarq’s Denver regional office arranged a refinancing of $15 million for Braker Center 6, 7 and 11 encompassing three office/flex buildings totaling 218,301 sq. ft. Constructed in 1982/1983, the buildings are situated at 11100 & 1212 Metric Boulevard and 2205-2229 W. Braker Lane in Austin, Texas. Over the years, the buildings have been extensively remodeled and are now 85-90% built out as office space. Steve Bye, Executive Vice President and Senior Managing Director; Dale Stewart, Vice President; and Dan Lucchesi, Investment Analyst, arranged the financing for the borrower.
About Northmarq
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.