Northmarq’s Houston office completes refinancing of Corporate Centre in Stafford, Texas
HOUSTON, TEXAS (March 23, 2022) – William Luedemann, senior vice president/senior director in Northmarq’s Houston debt/equity office, arranged the refinance of Corporate Centre. The 2-building/66,731 sq. ft. class B+ industrial/flex property (built in 1979 and renovated in 2000) is located at 10700 Corporate Drive and 12600 Exchange Drive in Safford, Texas. The transaction was structured with a 10-year term on a 25-year amortization schedule. Northmarq secured the permanent-fixed loan for the borrower through its correspondent relationship with a life insurance company.
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.
