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NorthMarq Capital Arranges $9.9M For Peabody Property

Oct 2, 2014 | Reprints | Unlock Link | Print

3 Tech Way NorthMarq Capital’s Boston-based office has secured $9.9 million in refinancing for a 160,000-square-foot industrial property in Peabody.

The class-A property is located at 3 Technology Way. The commercial mortgage transaction was structured with a 10-year term and 30-year amortization schedule.

NorthMarq’s Assistant Vice President Michael Chase arranged financing for the borrower through its correspondent relationship with Guardian Life Insurance Co.

Commercial