Office - Debt

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.

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.