NorthMarq arranges $3.4 million refinance of Qwik-Stor Self Storage in Hampton, Virginia
TAMPA, FLORIDA (September 26, 2019) – NorthMarq’s Tampa-based regional office negotiated the $3.4 million refinance of Qwik-Stor Self Storage, a 569-unit self-storage property located in Hampton, Virginia. The property is ideally located proximate to several major thoroughfares and employment centers. NorthMarq arranged the 10-year term for the borrower through its relationship with a CMBS lender.
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.
