Patrick Minea, senior vice president/managing director, and Dan Trebil, senior vice president/managing director, of NorthMarq Capital’s Minneapolis based regional office arranged $10.7 million in acquisition financing for the Williston Business Center in Minnetonka, Minn.
The business center consists of 354,730 square feet of multiple office properties in Minnetonka. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.
“This acquisition financing provides significant structure and flexibility, which will allow the borrower to efficiently execute their business plan for this well-located property,” said Minea.
