NorthMarq Capital arranged construction financing of $11.1 million for Fiberspar Distribution Facility in Johnstown, Colorado
Fiberspar Distribution Facility
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.
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.
