Northmarq’s Debt + Equity team arranges $5.2M acquisition financing for North Carolina industrial property
Northmarq’s West Palm Beach Debt + Equity team led by David Gahagan and Chandler Kaye secured the $5.2 million acquisition financing of an industrial property located in Greensboro, North Carolina, totaling 105,100 square feet.
Northmarq arranged the financing on behalf of their borrower through Ameritas Investment Partners. The transaction was structured on a five-year term.
The property is strategically located along Piedmont Parkway in Greensboro’s largest and most established industrial corridor. The site offers immediate access to I-40, I-73 and Piedmont Triad International Airport, facilitating seamless regional and national distribution. The property includes 16,900 square feet of Class-A office, 88,200 square feet of high-clear warehouse space and 5 dock-high doors, on a 6.00-acre parcel.