NORTHMARQ ARRANGES $20.1M IN ACQUISITION FINANCING FOR INDUSTRIAL PORTFOLIO

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SAN FRANCISCO — Dennis Williams of NorthMarq Capital's San Francisco office arranged $20.1 million in acquisition financing for the Terreno portfolio. The Torino portfolio contains a combined 444,838 square feet in five industrial properties located in New Jersey, California, Washington and Flordia. Collectively these properties are 97 percent occupied. NorthMarq arranged the 7-year loan through its relationship with Prudential Life Insurance. The loan has a 30-year amortization schedule.

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