NorthMarq Capital’s Boston office arranges acquisition financing of $2.75 million for industrial portfolio in Carrollton, Texas
Industrial Portfolio
BOSTON (November 27, 2017) – Michael Chase, senior vice president of NorthMarq Capital’s Boston regional office and Charlie Robinson, senior vice president of NorthMarq Capital’s Dallas regional office, collaborated to arrange acquisition financing of $2.75 million for Hutton & Dunn Portfolio, a 89,040 sq. ft. industrial property located along Dunn Drive in Carrollton, Texas. The transaction included interest only for the full term of the loan along with a flexible prepayment structure. NorthMarq arranged financing for the borrower through its relationship with a national bank. “Once again NorthMarq’s national platform pays dividends,” explained Chase. “Working with the Dallas regional office of NorthMarq Capital, we were able to provide the client with local expertise.”
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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.
