NorthMarq Capital’s Cincinnati office arranges $10.2 million refinance for Vora Technology Park in Hamilton, Ohio

CINCINNATI (June 29, 2017) Susan Branscome, senior vice president/managing director of NorthMarq Capital’s Cincinnati regional office and Noah Juran, vice president, arranged refinancing of $10,200,000 for Vora Technology Park, a 365,000 sq. ft. office property located in Hamilton, Ohio. The transaction was structured with a 10-year loan term on a 20-year amortization schedule. NorthMarq arranged the financing for the borrower through its relationship with First Financial Bank. “Our client purchased the property in 2005 and has substantially invested in property improvements and bringing new tenants to the property. The most notable new tenant is Barclaycard who invested over $9 million in the property for the initial phase of a new customer call center. Barclaycard's lease is also a great addition to the City of Hamilton as the customer call center will bring up to 1,500 jobs to the area with nearly $50 million in annual gross payroll.”