David Link Of NorthMarq Arranges $18M Refinance For Industrial Asset In Denver
$18,000,000
$55/SF
Building Size
325,858 SF
Asset Type
Industrial
Closing
Mar 25, 2026
AI
An $18,000,000 refinance was arranged for Warehouse Central, an industrial asset located at West 5th Avenue, Denver, Colorado, encompassing a total square footage of 325,858. The transaction was facilitated through a life insurance company lender.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $18,000,000
- Loan Type: Refinance
- Asset Size: 325,858 SF
- Address: West 5th Avenue
- Market: Denver, CO
- Broker: David Link - NorthMarq
David Link represented the borrower in this transaction, highlighting his role in coordinating the refinance process for the property involved in this deal.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93