NorthMarq Capital’s Richmond office arranges permanent financing of $2.6 million for Crescent Business Center III in Ashland, Virginia
Crescent Business Center III
RICHMOND (May 16, 2016) – Keith Wells, senior vice president/managing director of NorthMarq Capital’s Richmond based regional office, arranged permanent financing of $2.6 million for Crescent Business Center III, a 43,800 sq. ft. building (part of a four, class “A/B” industrial property consisting of a combined 210,458 sq. ft.) located at 10406 Lakeridge Parkway in Ashland, Virginia. NorthMarq arranged financing for the Crescent Business Center Buildings I, II and IV in 2014.
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.