Northmarq’s Salt Lake City office completes $5,270,892 construction financing of WX Industrial Complex in Woods Cross, Utah

WX Industrial Complex

SALT LAKE CITY, UTAH (January 11, 2021) – Larry Pinnock, senior vice president/senior director of Northmarq’s Salt Lake City debt/equity office, arranged the $5,270,892 construction loan for WX Industrial Complex. The 53,750 sq. ft. flex building will be located at 2000 South 1100 West in Woods Cross, Utah. The variable-rate loan was structured on a 1-year interest only term.

The transaction comprises the development for three of six class A industrial buildings part of the WX Industrial Park. Situated in a prime location, the land development grants easy access to I-15 and Redwood Road. The Salt Lake City International Airport is just 11.4 miles (21-minute drive) from the development.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit

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