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TennesseeIndustrial

NorthMarq Capital provides financing for industrial properties in Tennessee, Ohio

Staff Writer June 16, 2017
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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

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