NorthMarq Capital arranges $11.75 million acquisition financing for Highland Business Park in Charlotte, North Carolina
Highland Business Park
CHARLOTTE (August 21, 2014) – Kevin Jenkins, vice president/producer of NorthMarq Capital’s Charlotte based office secured $11.75 million in acquisition financing for Highland Business Park, a 169,240 sq.ft. property located in Charlotte, North Carolina. The transaction was structured with a 10-year term and 30-year amortization schedule and was arranged for the borrower by NorthMarq through a conduit CMBS lender.
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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.
