NorthMarq Capital’s Cincinnati office arranges $8.1 million acquisition of Polk Avenue Industrial in Nashville, Tennessee
Polk Avenue Industrial
CINCINNATI (May 30, 2017) Susan Branscome, senior vice president/managing director of NorthMarq Capital’s Cincinnati regional office, arranged acquisition financing of $8,100,000 for Polk Avenue Industrial, a 284,000 sq. ft. flex property located in Nashville, Tennessee. The industrial complex is two stories tall and is located near the Lane Motor Museum. “This was an acquisition of an industrial building. We found an excellent life company lender that not only offered competitive loan terms, but was able to close the loan within the timeframe required in the purchase contract,” explained Branscome.
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.
