NorthMarq’s Salt Lake City office completes $39,650,000 refinance of Traverse Retail in Lehi, Utah
SALT LAKE CITY, UTAH (May 1, 2019) – Nate Barnson, senior vice president/senior director of NorthMarq’s Salt Lake City office arranged the $39.65 million refinance of Traverse Retail, a 219,955 sq. ft. retail property located at 1750 West Traverse Parkway in Lehi, Utah. NorthMarq arranged financing for the borrower through its relationship with a CMBS lender.
“This loan was a blend of fixed and floating rate products,” noted Barnson.
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