John Sullivan, senior vice president of NorthMarq Capital's Boston based regional office arranged the $16.185 million refinance of 100 Domain Dr., a 263,914 s/f office building. The transaction was structured with a 10-year term and 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a local bank. Major tenants at the property include Liberty Mutual and Bauer Performance Sports.
"We are pleased to continue our strong relationship with one of the premier commercial real estate groups in New England," said Sullivan. "The lender was able to provide attractive long-term fixed rate financing with a flexible prepayment schedule and allowable future advances."