Susan Branscome, senior vice president and managing director of NorthMarq Capital’s Cincinnati regional office, arranged acquisition financing of $2.59 million for Crescentville Distribution Center, a 83,679-square-foot industrial property at 500-518 Crescentville Road in Cincinnati.
The transaction was structured with a 10-year term on a 25-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.