Office - Debt

NorthMarq Capital arranges $11.75 million acquisition financing for Highland Business Park in Charlotte, North Carolina

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.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.