Northmarq’s Debt + Equity team arranges $8.25M refinance for Florida industrial buildings

Jacksonville Industrial Buildings
Florida Industrial Building

Northmarq’s Miami Debt + Equity team led by Bob Harrington and Jeff Robertson secured the $8.25 million refinancing for two multi-tenant industrial buildings located in Jacksonville, Florida.  With a combined 164,248 sq. ft., the property’s central location provides immediate access to the area’s transportation network – Interstate 95, Philips Highway and J. Turner Butler Boulevard.

Northmarq secured permanent, fixed-rate financing with a five-year term for a longstanding, repeat borrower through the firm’s relationship with a life insurance company.
 

About Northmarq 

Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $80 billion and has completed $91.3 billion in transactions over the past four years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide.