Northmarq brokers $26.3M financing for industrial manufacturing property in Kernersville, NC
Photo source: Northmarq
KERNERSVILLE, N.C. — Northmarq’s Los Angeles Investment Sales team and Debt + Equity team, led by Anthony Cohen and Zalmi Klyne, successfully arranged the $26.3 million 100% financing for a 394,276-square-foot industrial manufacturing, distribution and warehouse property in Kernersville, North Carolina.
"Northmarq's Sale-Leaseback and Debt + Equity teams collaborated to design a customized loan program addressing our client's specific needs,” Cohen said. “This structure enabled the client to purchase the building, fund necessary CapEx to fit out the space for their business and recover that capital tax-efficiently — avoiding capital gains — to fuel continued growth."
Northmarq represented the borrower through a correspondent relationship with an institutional lender.
“This was a highly complex transaction,” Klyne said. “Our deep lender relationships and ability to structure creatively allowed us to deliver 100% financing on capital invested for the sponsor.”
Located in the heart of the Piedmont Triad, the property offers direct access to one of the Southeast’s most established manufacturing logistics corridors. Kernersville sits between Winston-Salem and Greensboro, providing tenants with convenient access to major transportation networks and a deep regional labor pool.
The facility also serves as a primary manufacturing and distribution hub, positioning the company to support continued growth while expanding its U.S.-based production footprint. Its combination of production space, distribution functionality and regional accessibility differentiates the asset from traditional bulk warehouse properties.
Meet our team
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.
