Marcus & Millichap’s IPA Capital Markets Arranges $96.7M Financing from Bank OZK for Northern Illinois Industrial Portfolio
Marcus & Millichap, Inc. (MMI)
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Source: Business Wire
ROCKFORD, Ill.--(BUSINESS WIRE)--IPA Capital Markets, a division of Marcus & Millichap (NYSE: MMI) specializing in capital markets services for major private and institutional clients, announced today the $96.7 million financing of three industrial properties in Rockford, Illinois.IPA Capital Markets’ Frank Montalto, managing director, and Ethan Splan, associate director in the firm’s Chicago downtown office, secured three-year, non-recourse financing with Bank OZK on behalf of Craig Erdmier, a prolific Northern Illinois–based design-build and construction management professional and general contractor.The portfolio comprises over 650,000 square feet, including two fully stabilized, mission-critical industrial buildings totaling 503,395 square feet. Each was developed as a build-to-suit facility for a global pharmaceutical services provider with strong credit fundamentals and ongoing expansion needs. Both properties are located within established industrial corridors and function
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MMI
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- 12/12/25 - Form 4
- 12/12/25 - Form 4
- 12/9/25 - Form 4
- MMI's page on the SEC website