NorthMarq Capital arranges refinancing of $15 million for Braker Center 6, 7 and 11 in Austin, Texas
Braker Center 6, 7 and 11
DENVER (May 8, 2013) - NorthMarq’s Denver regional office arranged a refinancing of $15 million for Braker Center 6, 7 and 11 encompassing three office/flex buildings totaling 218,301 sq. ft. Constructed in 1982/1983, the buildings are situated at 11100 & 1212 Metric Boulevard and 2205-2229 W. Braker Lane in Austin, Texas. Over the years, the buildings have been extensively remodeled and are now 85-90% built out as office space. Steve Bye, Executive Vice President and Senior Managing Director; Dale Stewart, Vice President; and Dan Lucchesi, Investment Analyst, arranged the financing for the borrower.
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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.
