NorthMarq Capital arranges $15.83 million refinance for Federal Express Building in Hollywood, Florida
Federal Express Building
MIAMI (May 19, 2014) – Jeff Robertson, managing director of NorthMarq Capital’s Miami based regional office negotiated the $15.83 million refinance of a FedEx building located at 2600 SW 39th Street in Hollywood, Florida. The transaction for this 191,280 sq.ft. industrial building was structured with a 12-year term and 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a correspondent life company.
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.
