Industrial - Debt

NorthMarq’s Cincinnati office completes $1.7 million refinance of South Brown School Road Industrial in Vandalia, Ohio

CINCINNATI, OHIO (November 15, 2019) – Noah Juran, senior vice president of NorthMarq’s Cincinnati-based regional office arranged the $1.7 million refinance of South Brown School Road Industrial. The property is located at 1295 South Brown School Road in Vandalia, Ohio.   

Financing Details:
– 20-year term
– 20-year amortization schedule
– NorthMarq arranged the permanent-fixed loan for the borrower through its correspondent relationship with a life insurance company. 

Property Details:
– The single-tenant property contains 30,000 sq. ft. 

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 more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.