April 17, 2015

NorthMarq Capital arranges acquisition financing of $4,639,250 for industrial property in Fullerton, California

Industrial Property

Debt & Equity

Multi-Tenant

LOS ANGELES (April 17, 2015) – David Blum, senior vice president/senior director of NorthMarq Capital’s Los Angeles based regional office arranged acquisition financing of $4,639,250 for a 60,250 sq.ft. industrial property located at 2300 Raymer Avenue in Fullerton, California. The transaction was structured with a fully amortizing 25-year term with a 25 year fixed rate below 4.5 percent. “The ongoing environmental remediation was a challenge we were able to overcome,” said Blum.

Available Industrial properties

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.