NorthMarq Capital’s Charlotte office arranges $3.7 million refinance of Memphis Data Center, Memphis, Tennessee
Memphis Data Center
CHARLOTTE (May 13, 2015) – Kevin Jenkins, vice president of NorthMarq Capital’s Charlotte based regional office arranged the $3.7 million refinance of a data center located at 3180 Players Lane in Memphis, Tennessee. The transaction was structured with a 20-year term and 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a regional bank.
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.