Northmarq’s San Francisco office secures $6M refinance of commercial/industrial property in Walnut, CA

Myles Business Park
Debt & Equity
Multi-Tenant
Debt
Life Company
Multi-Tenant
Myles Business Park

WALNUT, Calif. (Dec. 10, 2024) — Northmarq’s San Francisco team, led by Managing Director Dennis Williams and Senior Vice President Briana DeHaan, secured the $6 million external refinance loan of the five-building, 88,000 sq.-ft. property, Myles Business Park, in Walnut, California.

The loan was arranged for the borrower through Northmarq’s relationship with a life insurance company. The fixed-rate loan was structured with a 3-year term.

“The lender, Constellation Insurance, accommodated a very quick timeline for the borrower while providing an easy, user-friendly closing process,” said Williams.

Myles Business Park, home to a diverse group of 34 tenants and located at 20740, 20754 and 20720 Carrey Rd. and 20793 Valley Blvd. in Walnut, is situated in the heart of the San Gabriel Valley, approximately 41 miles from Los Angeles International Airport (LAX). 
 

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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.
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