NorthMarq Capital’s Cincinnati office completes $10.3 million refinance of Donaldson Road Center II in Erlanger, Kentucky
Donaldson Road Center II
CINCINNATI (June 16, 2015) – Susan Branscome, managing director of NorthMarq Capital’s Cincinnati office arranged the $10.3 million refinance of Donaldson Road Center II, a 258,947 sq.ft. industrial property located at 1325 and 1335 Donaldson Road in Erlanger, Kentucky. The transaction was structured with a 10-year term and 20-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. Alstom Power represents the property’s major tenant.
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.
