REBusinessOnline

NORTHMARQ CAPITAL ARRANGES LOAN FOR INDUSTRIAL PROPERTY

ELGIN, ILL. — NorthMarq Capital’s Chicago regional office has arranged $1.93 million in first-mortgage financing for a 62,450-square-foot industrial building located at 885-887 Church Rd. in Elgin. The facility is occupied by Engineered Plastic Systems and Chicago Logistics Services. Financing was based on a 10-year term with a 20-year amortization schedule. Mike Miller and Jeff Cherner of NorthMarq arranged the financing on behalf of the borrower, Shorewood Property Investments, with the lender, Aviva Capital Management.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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