December 19, 2014

NorthMarq Capital arranges $13.775 million refinance of Meridian Center & Park at Doral in Miami, Florida

Miami Office Buildings

Debt & Equity

Multi-Tenant

MIAMI (December 19, 2014) – Jeff Robertson, senior vice president/managing director of NorthMarq Capital’s Miami office finalized the $13.775 million refinance of Meridian Center & Park at Doral. Meridian Center is a four-story class “B” office building that contains 90,026 sq.ft. of net rentable area and a four-story parking garage. Doral Park is a three-story class “B” office building that contains 67,216 sq.ft. of net rentable area and a three-level parking garage. The transaction was structured with a 3-year term with 2-years interest only. NorthMarq arranged financing for the borrower through its relationship with a national bank.

Available Office properties

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.