NorthMarq Capital’s San Diego office arranges $17.727 million in acquisition financing for Shea Center II in Highlands Ranch, Colorado
Shea Center II
SAN DIEGO (January 26, 2016) – Doug Austin, senior vice president/senior director of NorthMarq Capital’s San Diego regional office arranged acquisition financing of $17,727,500 for Shea Center II, a 121,399 sq. ft. office property located in Highlands Ranch, Colorado. The transaction was structured with a 10-year term with 5-years interest only and 30-year amortization schedule. NorthMarq arranged financing for the borrower, a repeat client, through its relationship with a CMBS lender. Haliburton Energy Services and Shea Homes represent the property’s major tenants.
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.
