Reina Abboud, vice president of NorthMarq’s Richmond office, arranged acquisition financing of $10.35 million for 21100 – 21150 Trolley in Taylor, Michigan.
The industrial property is 243,894 square feet.
The bridge loan was structured with a four-year term with three years interest-only. NorthMarq arranged financing for the borrower through its relationship with a bridge/mezzanine lender.
