NorthMarq Capital’s Tampa office finalizes $23.365 million joint venture equity financing for Key Safety in Lakeland, Florida
Key Logistics Center
TAMPA (January 17, 2018) – Bob Hernandez, senior vice president/managing director of NorthMarq Capital’s Tampa regional office, negotiated $23,365,000 JV equity financing for Key Safety, a 1,400,000 sq. ft. industrial distribution park located in Lakeland, Florida. “The transaction is a joint venture to develop an industrial park along the I-4 corridor,” said Hernandez. “The institutional investor and sponsor worked diligently on several structures to finalize the transaction.”
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.
