Finance i Ohio

NorthMarq closes $4.3 million refinance for Ohio industrial facility

NorthMarq closes $4.3 million refinance for Ohio industrial facility,ph01

Noah Juran, Senior Vice President/Senior Director of NorthMarq’s Cincinnati-based regional office, negotiated the $4.3 million refinance of South Pioneer Industrial, a 131,000-square-foot industrial property at 405 S. Pioneer Blvd. in Springboro, Ohio.

The transaction was structured with a five-year term on a 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a local bank.