NorthMarq Capital arranged construction financing of $11.1 million for Fiberspar Distribution Facility in Johnstown, Colorado
Fiberspar Distribution Facility
DENVER (February 7, 2013) – NorthMarq’s Denver regional office arranged construction financing of $11.1M for McWhinney’s Iron Horse industrial project developed for Fiberspar located at 3600 Ronald Reagan Blvd. in Johnstown, Colorado. The newly constructed, single tenant-leased distribution facility totals 166,625 sq. ft. and features warehouse/office space and immediate access to the Great Western and Union Pacific Rail. Fiberspar is an industry leader in the production of high-strength tubular products for the oil and gas industry. McWhinney, an independent full-service real estate development company with offices in Loveland and Denver, has developed over 4.0 million sq. ft. of commercial and build-to-suit space. John M. Stewart, senior vice president; and Ilan Reissner, 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.
