Northmarq’s Debt + Equity team arranges $70M in financing for Florida industrial properties
Prologis Seneca Park
Photo Courtesy of Prologis
Northmarq’s Miami Debt + Equity team, led by Jeff Robertson, successfully arranged the $70 million in financing for Prologis Seneca Park buildings 700, 900, 1000 and 1100. The industrial buildings are located in Pembroke Park, Florida.
Northmarq arranged the permanent fixed rate loans on behalf of their borrower, through its correspondent relationship with a life company lender. The loan is full-term interest-only with a competitive interest rate.
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.
