NorthMarq Capital’s Richmond office arranges permanent financing of $2.6 million for Crescent Business Center III in Ashland, Virginia
Crescent Business Center III
RICHMOND (May 16, 2016) – Keith Wells, senior vice president/managing director of NorthMarq Capital’s Richmond based regional office, arranged permanent financing of $2.6 million for Crescent Business Center III, a 43,800 sq. ft. building (part of a four, class “A/B” industrial property consisting of a combined 210,458 sq. ft.) located at 10406 Lakeridge Parkway in Ashland, Virginia. NorthMarq arranged financing for the Crescent Business Center Buildings I, II and IV in 2014.
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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.
