Industrial - Debt

NorthMarq Capital's Boston office arranges $7 million refinance of an industrial property located in Columbus, Ohio

BOSTON (July 2, 2014) – James Murphy, Managing Director of NorthMarq Capital’s Boston based regional office secured a $7 million refinance of 3100 Creekside Drive, a 340,000 sq.ft. industrial property located in Columbus, Ohio. The transaction was structured with a 5-year term and 25-year amortization schedule and was arranged for the borrower by NorthMarq through its correspondent relationship with a life company.

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.