NORTHMARQ ARRANGES $18.5 MILLION FOR GOLDEN HILLS OFFICE CENTER

by admin

GOLDEN VALLEY, MINN. — Patrick Minea of NorthMarq Capital's Minneapolis office has arranged first mortgage financing in the amount of $18.5 million for Golden Hills Office Center, located at 701 Xenia Ave. South in Golden Valley. The property contains 190,758 square feet of office space. Financing was based on a 10-year term and a 30-year amortization schedule, and was arranged through NorthMarq's relationship with Cornerstone Real Estate Advisors.

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