NorthMarq’s Denver office finalizes $5 million financing for Mission Grove – Building C in Riverside, California
Mission Grove – Building C
DENVER, COLORADO (April 11, 2019) – NorthMarq’s Denver office arranged financing of $5 million for Mission Grove - Building C located at 7894 Mission Grove Parkway South in Riverside, California. The building, constructed in 2010, totals 41,000 sq.ft. and is 100 percent leased and occupied to a single tenant. It is situated in Mission Grove Corporate Plaza, a four-building office park with a total of 151,216 sq.ft. including Building C.
Paul Bruder, senior vice president, arranged the non-recourse financing for the borrower on a 5-year term through a regional bank.
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.
