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