NorthMarq Capital arranges refinancing of $8 million for Price Distribution in Salt Lake City, Utah

Price Distribution
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SALT LAKE CITY (AUGUST 3, 2018) – John Bradshaw, senior vice president and Larry Pinnock, vice president of NorthMarq Capital’s Salt Lake City regional office arranged refinancing of $8,000,000 for Price Distribution, a 112,657 sq. ft. industrial property located at 1515 South Distribution Drive, Salt Lake City, Utah. NorthMarq arranged financing for the borrower through its correspondent relationship with a life company. 

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.

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