NorthMarq Arranges $20 Million Refinance For Castle Rock Industrial In Colorado

The asset involved in this transaction is a warehouse/distribution property located at 3563 & 3593 Timber Mill Parkway in Castle Rock, CO, encompassing a total square footage of 157,870. The transaction values the refinance at $20 million.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $20,000,000
• Loan Type: Refinance
• Market: Castle Rock, CO
• Brokers: Charles Cotsalas & Ernest DesRochers - NorthMarq

This transaction was arranged by NorthMarq on behalf of Sound Capital through an insurance company lender, providing crucial financial support for the property. The deal illustrates the collaboration between the brokers and the parties involved in securing the refinance.