AUSTIN, TEXAS (April 22, 2021) – Chase Johnson, vice president of NorthMarq’s Austin office arranged acquisition financing of $5,000,000 for 1700 Royston Lane in Round Rock, Texas. The two-tenant industrial flex space consists of 38,024 sq. ft. It is 100 percent occupied by two world class medical and diagnostic laboratories, including Curative, a company focused on scalable COVID-19 testing and vaccinations. The transaction was structured on a 25-year amortization schedule. Johnson negotiated the permanent financing for the borrower, a private investor, through its correspondent relationship with StanCorp Mortgage Investors, a life company lender.