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November 20, 2014

NBS completes refi in 32 days

Mike Wood and Austin Johnson of NBS Financial Services arranged $5.6 million in refinancing for Opus Seaway Commerce Center, a 99,222-square-foot manufacturing building in Everett. Rainier Properties bought the building in 2011, and is the borrower. It is now 100 percent leased, with the newest tenant, Giddens Industries, set to move in January. The loan closed in 32 days, Wood said, because Rainier Properties had an existing loan set to mature soon. NBS Financial is part of NAI Norris, Beggs & Simpson, a commercial real estate company in Portland.




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