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.
