Susan Branscome, senior vice president and managing director of NorthMarq Capital’s Cincinnati regional office, arranged acquisition financing of $8.1 million for Polk Avenue Industrial, a 284,000-square-foot property in Nashville.
The industrial complex is two stories and located southeast of downtown Nashville.
Branscome also negotiated the $7.75 million refinance of Crescent Centre, a 131,400-square-foot industrial property in Sharonville, Ohio.
This transaction was structured with a 10-year term on a 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a life insurance company