June 30, 2014

NorthMarq Capital's Boston office arranges $5 million acquisition financing of Cincinnati area industrial building

Cincinnati Area Industrial Building

Debt & Equity

Multi-Tenant

BOSTON (June 30, 2014) – James M. Murphy, Managing Director of NorthMarq Capital’s Boston based regional office secured financing of $5 million for a 240,000 sq.ft. Cincinnati area industrial building located at 4440 Mulhauser Road, West Chester Township, Ohio. The transaction was structured with a 5-year interest only term. NorthMarq arranged the transaction through its relationship with a correspondent life company. “We are pleased to be able to continue our relationship with one of the premiere owners and operators of industrial properties,” said Murphy. “NorthMarq Capital’s national lending platform once again allowed us to help a locally based borrower manage the capital needs of their national real estate portfolio. The lender was able to meet the borrower’s requirements with a very competitive rate, IO for the full term of the loan and a flexible prepayment structure.”

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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, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.Northmarq.com.

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