WASHINGTON, D.C. (June 20, 2022) – Gary McGlynn, senior vice president/managing director and Ken Gentzel, senior vice president/managing director of Northmarq’s Washington, D.C. debt/equity team, arranged acquisition financing of $37.82 million for ConAgra Brands Distribution Center. The 755,160 sq. ft. industrial/distribution center (built in 2019) is located at 1010 Brewbaker Drive in St. Elmo, Illinois. The transaction was structured with a 10-year term with 3-years of interest only followed by a 25-year amortization schedule. Northmarq secured the permanent-fixed loan for the borrower through its relationship with a bridge/mezzanine lender.