NorthMarq Capital’s Jacksonville office arranges $3.1 million in acquisition financing for Walgreens in Durham, North Carolina
Walgreens
JACKSONVILLE – Ryan Whitaker, senior vice president/senior director of NorthMarq Capital’s Jacksonville regional office, negotiated acquisition financing of $3.1 million for a 13,650 sq. ft. Walgreens located at 6405 Fayetteville Road in Durham, North Carolina. The transaction was structured with a fully amortizing 12-year term. NorthMarq arranged financing for the borrower with a life insurance company.
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.
