NorthMarq Capital’s Boston office secures $4.53 million acquisition financing for Meridian East Portfolio in Tampa, Florida
Three Industrial Properties
BOSTON (January 2, 2018) – Michael Chase, senior vice president of NorthMarq Capital’s Boston regional office, negotiated financing totaling $4,530,000 for three industrial properties located in Tampa, Florida. The properties are located together and combine for a total of 194,223 sq. ft. This transaction was structured with a full-term interest only loan. NorthMarq arranged financing for the borrower through its relationship with a correspondent life company.
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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.
