MINNEAPOLIS (August 25, 2016) – Patrick S. Minea, senior vice president/managing director of NorthMarq Capital’s Minneapolis-based regional office, arranged acquisition financing of $6 million for Stein Industries Building, a 120,030 sq. ft. industrial property located at 7500 Setzler Parkway North in Brooklyn Park, Minnesota. The transaction was structured with a 20-year term and 20-year amortization. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.
Industrial -
Debt