NorthMarq Capital’s Cincinnati office completes $10.3 million refinance of Donaldson Road Center II in Erlanger, Kentucky
Donaldson Road Center II
CINCINNATI (June 16, 2015) – Susan Branscome, managing director of NorthMarq Capital’s Cincinnati office arranged the $10.3 million refinance of Donaldson Road Center II, a 258,947 sq.ft. industrial property located at 1325 and 1335 Donaldson Road in Erlanger, Kentucky. The transaction was structured with a 10-year term and 20-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. Alstom Power represents the property’s major tenant.
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.
