Industrial - Debt

NorthMarq Capital arranges $20.25 million refinance of Miramar Commerce Park in Miramar, Florida

MIAMI (December 9, 2014) – Jeff Robertson, senior vice president/managing director of NorthMarq Capital’s Miami office secured the $20.25 million refinance of Miramar Commerce Park, a property with five industrial warehouse buildings containing a combined 265,193 sq.ft. Miramar Commerce Park is located at 11220-11661 Interchange Circle in Miramar, Florida. The transaction was structured with a 10-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.

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.