NorthMarq Capital arranges acquisition financing of $13.23 million for Westview Office Building in St. Louis, Missouri
ST. LOUIS (January 16, 2018) – David Garfinkel, senior vice president/managing director of NorthMarq Capital’s St. Louis regional office, arranged acquisition financing of $13.23 million for Westview Office Building, a 125,645 sq. ft. office building located at 12312 Olive Boulevard in St. Louis, Missouri. NorthMarq arranged financing for the buyer, Diamond Income Fund Investors, through its correspondent relationship with a life insurance company. “Diamond Income Fund Investors is very excited about the recent acquisition of Westview place. The building will have long-term success due to its proximity to walkable amenities, its presence off Olive and its convenient access to Highway 270,” said a principal of Diamond Income fund investors. “We also look forward to enhancing the property’s desirability through capital improvements to the lobby and the creation of a new extensive tenant lounge/café.”
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