Industrial - Equity

NorthMarq Capital’s Tampa office finalizes $23.365 million joint venture equity financing for Key Safety in Lakeland, Florida

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.”

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.