Office - Debt

NorthMarq Capital’s Houston regional office secures permanent debt for The Intellicenter Building in Atlanta, Georgia

HOUSTON (June 2, 2015) – Warren Hitchcock, vice president of NorthMarq Capital’s Houston based regional office arranged permanent debt financing for Intellicenter, a 150,000 sq.ft. LEED Silver certified office property located at 2531 Sever Road in Atlanta, Georgia. The transaction was structured with a 12-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.

“The Intellicenter Building, in Northeast Atlanta, is a unique LEED Certified Office Building which is 100% occupied by a number of well-known credit tenants. The borrowers’ business plan is to hold this key property for a long duration, and we provided a low-rate, long-term loan to help accommodate that objective,” reported Hitchcock. “The buyer, Susquehanna Holdings, Ltd, has a goal to lock in low rates on quality assets, and this plan is shared with many of our clients in today’s advantageous rate environment.”

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.