SAN DIEGO (July 17, 2018) – Bill Libercci and Tim Greisman in NorthMarq Capital’s Baltimore office collaborated with Steve Hollister in NorthMarq Capital’s San Diego office to arrange permanent financing of a final-mile industrial property located in San Diego, California owned by Realterm Logistics. The 180,000 sq. ft. building is fully occupied by a leading global e-commerce company. NorthMarq placed the loan for Realterm with one of its correspondent life company lenders.
“The lender provided very competitive terms for an office/warehouse building leased to a single tenant,” said Hollister. “The quality of the location, the tenant and the sponsorship combined to reduce the lender risk and make this a quality loan opportunity,” added Libercci.