Northmarq’s Debt + Equity team arranges $5.2M acquisition financing for North Carolina industrial property

THS Creative
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. 

About Northmarq 
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.