July 24, 2013

NorthMarq arranged acquisition financing of $10,020,000 for Frontier Warehouse in Boulder, Colorado

Frontier Warehouse

Debt & Equity

Multi-Tenant

DENVER (July 24, 2013) - NorthMarq’s Denver regional office arranged permanent financing of $10,020,000 for the Frontier Warehouse property located at 3550 and 3850 Frontier Avenue in Boulder, Colorado. The project is located in central Boulder along the Pearl Street Parkway and adjacent to the Foothills Parkway. The two buildings were constructed in 1969 and total 188,340 square feet. The buildings are 95% leased comprising 9 tenants. Steve Bye, executive vice president and senior managing director; and Dan Zale, investment analyst, arranged the financing for the borrower, an affiliate of Conscience Bay Company.

Available Industrial properties

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.