NorthMarq Capital arranges acquisition financing of $10.5 million for KBI Biopharma in Durham, North Carolina
KBI Biopharma
MIAMI (October 5, 2014) – Jeff Robertson, senior vice president/managing director of NorthMarq Capital’s Miami office arranged acquisition finaning of $10.5 million for KBI Biopharma, a property with five flex-industrial buildings containing a combined 341,298 sq.ft. The property is located at 1101 Hamlin Road in Durham, North Carolina. The transaction was structured with a 3-year term and 25-year amortization schedule and was arranged by NorthMarq for the borrower through its relationship with a regional bank.
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 $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
