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COLORADO SPRINGS, CO-The Denver regional office of NorthMarq Capital has arranged an $11 million loan for the 120,090-sf California Casualty Building located at 1650 Telstar Dr. in Colorado Springs. The building, 100% occupied by California Casualty Management Corp., is situated in Briargate Business Park in northeast Colorado Springs, which lies adjacent to Interstate 25 on the east. Although Briargate is a mixed-use project, it is considered the premier office park in Colorado Springs.

Steve Bye, EVP and senior managing director, and Steve Clifford, senior investment analyst of NorthMarq’s Denver office, arranged the financing for the borrower.

NorthMarq Capital Inc. is a national real estate investment banker providing financing for commercial real estate including office, retail, industrial, multi-family and assisted living development.

Servicing a portfolio of $12 billion on behalf of 50 institutional investors, NorthMarq Capital is headquartered in Minneapolis with regional offices in Denver, Austin, Los Angeles, Kansas City, Phoenix, St. Louis, Chicago, San Francisco, Dallas and Houston.

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