NXT Capital Provides $12.3M First Mortgage Loan for Office Building

ARLINGTON HEIGHTS, ILL. — NXT Capital has provided a $12.3 million first mortgage to finance the acquisition of a mid-rise office building located in Arlington Heights. The 136,500-square-foot property includes a five-story parking garage. The property is seven miles from O’Hare International Airport and near the interchange of several major freeways. The transaction was brought to NXT Capital by John Parrett and Molly Green of CBRE Capital Markets’ Debt & Structured Finance office in Chicago.