Northmarq's San Diego Team Secures $6.59 Million Loan for Acquisition of 523-Unit Self-Storage Facility

Monday, 15 July 2024, 21:46

The San Diego team of Northmarq successfully secured a significant $6.59 million loan for the acquisition of a large 523-unit self-storage facility situated in Stockton, California. This financial move highlights the growing investment in the real estate sector and emphasizes the strategic financial decisions made by Northmarq's capable team. The acquisition signals a positive outlook for the self-storage market in the local area and underscores Northmarq's commitment to expanding its investment portfolio.
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Northmarq's San Diego Team Secures $6.59 Million Loan for Acquisition of 523-Unit Self-Storage Facility

Financial Acquisition Boost by Northmarq

The San Diego arm of Northmarq recently made a lucrative financial move by securing a substantial $6.59 million loan for a significant business endeavor.

Key Acquisition Details

  • Location: Stockton, California
  • Facility Size: 523 self-storage units
  • Loan Amount: $6.59 million

This strategic acquisition underscores Northmarq's dedication to expanding its market presence and investment ventures.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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