CINCINNATI (October 30, 2015) – Susan Branscome, senior vice president of NorthMarq Capital’s Cincinnati office arranged acquisition financing of $7.245 million for Kemper Point, a 96,418 sq.ft. office property located at 7870 Kemper Road in Cincinnati, Ohio. The purchaser was an affiliate of Nashville, Tennessee based Smith/Hallemann Partners, who also owns the 575,000 square foot Omnicare Center in downtown Cincinnati. The transaction was structured with a 10-year term and 25-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. Comey & Shepherd Realtors, Hazen and Sawers, P.C., and Kiwiplan, Inc. represent the property’s major tenants. About Smith/Hallemann Partners Smith/Hallemann Partners is a partnership comprised of Tom Smith and Terry Hallemann of Nashville, Tennessee. Smith/Hallemann Partners was formed to facilitate acquiring, owning and operating a diversified portfolio of commercial properties. Tom Smith is the Chairman of Smith/Hallemann Partners. Mr. Smith previously served as the Chairman of Mission Property Company of Nashville and was a member of the Board of Directors of Highwoods Properties, Inc., (NYSE:HIW), a publicly traded REIT. Prior to his tenure at Highwoods, he was a co-founder and Chairman of Eakin & Smith, Inc., (“ES”) a commercial real estate leasing, management, development and investment firm. Eakin & Smith merged with Highwoods in 1996 in a $100 million transaction. Terry L. Hallemann is the President of Smith/Hallemann Partners. Prior to the formation of Smith/Hallemann Partners, Mr. Hallemann was with First Union Corporation as the Regional Managing Director of its real estate banking and capital markets areas.
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.