Industrial - Debt

NorthMarq Capital

NorthMarq Capital’s Boston office arranges acquisition financing of $8.125 million for industrial property in Irving, Texas

BOSTON (November 27, 2017) – Michael Chase, senior vice president of NorthMarq Capital’s Boston regional office arranged acquisition financing of $8.125 million for a 261,325 sq. ft. industrial property located along Story Road in Irving, 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 correspondent relationship with a life insurance company.

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of $13 billion, loan servicing portfolio of more than $55 billion and the multi-year tenure of our more than 500 people.