NorthMarq Capital’s Los Angeles regional office arranges $4.5 million refinance for Royal Freeport Business Center in Irving, Texas
Royal Freeport Business Center
LOS ANGELES (May 25, 2016) – Ory Schwartz, senior vice president/managing director of NorthMarq Capital’s Los Angeles-based regional office, finalized the $4.5 million refinance of Royal Freeport Business Center, a 71,723 sq. ft. office property located at 4100 and 4200 West Royal Lane in Irving, Texas. The transaction was structured with a fully amortizing 15-year term. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. Fuji Photo Film represents the property’s major tenant.
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.
