NorthMarq’s Denver office finalizes $5 million financing for Mission Grove – Building C in Riverside, California
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.
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.
