NorthMarq Capital’s Boston office arranges acquisition financing of $3.91 million for industrial property in Upper Marlboro, Maryland
BOSTON (January 31, 2018) – Michael Chase, senior vice president and Eric Raiche, investment analyst at NorthMarq Capital’s Boston regional office, arranged acquisition financing of $3.91 million for a 102,000 sq. ft. industrial property located in Upper Marlboro, Maryland. The transaction was structured with a full-term interest only loan with a flexible prepayment structure. NorthMarq arranged financing for the borrower through its relationship with a regional bank.
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