Office - Debt

NorthMarq’s San Antonio office completes $15.3 million refinancing of The Atrium in San Antonio, Texas

SAN ANTONIO, TEXAS (June 1, 2020) – Bryan Leonard, Senior Vice President/Managing Director of NorthMarq’s San Antonio office recently arranged refinancing in the amount of $15.3 million for The Atrium office building. The 132,113 sq. ft. office property is located at 85 NE Loop 410 in San Antonio, Texas. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower, a repeat local client, through its relationship with Goldman Sach’s CMBS lending platform. 

According to Leonard, “This transaction really exemplifies what we mean when we talk about focusing on relationships. This was a repeat transaction by the parties involved and because of the relationships and project economics, the terms and execution could not have been any better. It was truly a win for everyone involved.”

The Atrium is well located near the San Antonio International Airport. This location and highway infrastructure make access very good and boasts area amenities like North Star Mall and numerous popular restaurants, entertainment and lodging venues.

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.