IPA Capital Markets, a division of Marcus & Millichap, has arranged $116,525,065 in financing for the development of a 1.4 million-square-foot industrial property in the Pacific Northwest. The deal was secured by Gary Mozer, executive managing director, and Lee Norman, senior managing director, both out of the firm’s Los Angeles office.
The financing was arranged on behalf of a national real estate development and investment firm specializing in the acquisition, development and management of commercial real estate. The loan was structured at a five-year fixed rate of 5.28% with yield maintenance prepayment terms and the final six months open with no prepayment penalty.
IPA Capital Markets provides major private and institutional clients with commercial real estate capital markets financing solutions including debt, mezzanine financing, preferred and joint venture equity, and sponsor equity. Marcus & Millichap closed 8,818 transactions with a sales volume of $50.8 billion in 2025.
The firm operates more than 80 offices across the United States and Canada, with 1,808 investment sales and financing professionals providing investment brokerage and financing services to commercial real estate buyers and sellers.
KEY QUOTE:
“The credit nature of the tenant allowed us to secure 95% loan-to-cost financing at a five-year fixed rate of 5.28%. The loan includes yield maintenance prepayment terms, with the final six months open with no prepayment penalty.”
Gary Mozer, Executive Managing Director, IPA Capital Markets
