Northmarq’s Houston office completes refinancing of Corporate Centre in Stafford, Texas
Corporate Centre
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.
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.
