Northmarq’s Minneapolis office arranges the financing for an industrial property located in North Carolina.
MINNEAPOLIS — Andy Finn of Northmarq’s Minneapolis Debt + Equity team secured the $4.125M acquisition financing of Wingate NC Industrial located in Wingate, NC. Built in 1950, the industrial property features 69,100 of total building square-feet on a 6.24 acre lot.
Northmarq arranged the bridge loan financing on behalf of the borrower through the firm’s life company relationship.
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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 $80 billion and has completed $91.3 billion in transactions over the past fours years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide.
