NorthMarq Capital arranges $11.75 million acquisition financing for Highland Business Park in Charlotte, North Carolina
Highland Business Park
CHARLOTTE (August 21, 2014) – Kevin Jenkins, vice president/producer of NorthMarq Capital’s Charlotte based office secured $11.75 million in acquisition financing for Highland Business Park, a 169,240 sq.ft. property located in Charlotte, North Carolina. The transaction was structured with a 10-year term and 30-year amortization schedule and was arranged for the borrower by NorthMarq through a conduit CMBS lender.
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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.
