Northmarq’s Debt + Equity team arranges $22M financing for Majestic Airport Center in Ontario, CA

Majestic Airport Center
600,76-sq.-ft. industrial facility

ONTARIO, Calif. — Northmarq’s Newport Beach Debt + Equity team led by Joe Giordani and Scott Botsford successfully secured the $22 million refinance of Majestic Airport Center, an industrial property located in Ontario, California.

Northmarq arranged financing through a correspondent relationship with PPM America and the borrower. The transaction was structured on a 10-year term.

“It was great to work with Joe & Scott of Northmarq again, they always provide great service and are great at keeping a deal on track,” said Paul Bradford, Executive Vice President & Director of Capital Markets.

Majestic Airport Center is comprised of 11 buildings totaling 600,576 rentable square feet. The property benefits from its excellent location across the street from Ontario Airport and connectivity to Interstate 10 & 15.

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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.
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