Industrial - Debt

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

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.

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.