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NorthMarq Arranges $4M Refinancing for Industrial Property in Hauppauge, New York

HAUPPAUGE, N.Y. — NorthMarq has arranged a $4 million loan to refinance an 82,835-square-foot industrial facility in Hauppauge. The property is located at 90 Nicon Court. NorthMarq arranged the 10-year, permanent loan for the borrower, 90 Nicon Realty LLC, through lender Lincoln Financial Group. The non-recourse loan features a fixed interest rate of 4.33 percent and a 25-year amortization schedule. The building is currently fully occupied by W.B. Mason.

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‣ Walker & Dunlop

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