LOUISVILLE, CO—NorthMarq Capital's Denver office has arranged a $59.05 million loan for Colorado Technology Center Portfolio, LLC, a borrowing entity controlled by Etkin Johnson Real Estate Partners. The collateral is comprised of seven light industrial buildings totaling 631,135 sq.ft. located on approximately 46.4 acres. The buildings are located in Colorado Technology Center in Louisville, CO and were constructed from 1998-2008. The buildings range in size from 64,672 - 130,182 square feet. The class A buildings have 24 foot clear ceiling heights, front facing office areas, and rear dock high and drive-in loading. Many of the buildings are improved with climate control systems for the production/warehouse space. At the time of closing the portfolio was 100% leased to 14 tenants.

The NorthMarq team that arranged the financing was led by Steve Bye, executive vice president/senior managing director and Conor McCahill, investment analyst.

"The loan was arranged with a major investment bank through a commercial collateral mortgage securitization execution (CMBS)," explained Bye. "Etkin Johnson Real Estate Partners was seeking loan proceeds that met the strategic long term needs of the partnership. The non-recourse loan structure involved a 10-year fixed rate term with interest-only payments for 3 years, followed by a 30-year amortization schedule."