DENVER (February 7, 2013) – NorthMarq’s Denver regional office arranged construction financing of $11.1M for McWhinney’s Iron Horse industrial project developed for Fiberspar located at 3600 Ronald Reagan Blvd. in Johnstown, Colorado. The newly constructed, single tenant-leased distribution facility totals 166,625 sq. ft. and features warehouse/office space and immediate access to the Great Western and Union Pacific Rail. Fiberspar is an industry leader in the production of high-strength tubular products for the oil and gas industry. McWhinney, an independent full-service real estate development company with offices in Loveland and Denver, has developed over 4.0 million sq. ft. of commercial and build-to-suit space. John M. Stewart, senior vice president; and Ilan Reissner, investment analyst, arranged the financing for the borrower.
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Debt