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Industrial portfolio financed for $19.7 million

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NBS Real Estate Capital secured $19.7 million in acquisition financing for four industrial facilities totaling 704,751 sf in Reno, Nevada. Ken Griggs, Executive Vice President of Norris, Beggs & Simpson Financial Services represented the lender in the transaction.

NBS Real Estate Capital’s acquisition of the four-building industrial portfolio represents the 21st transaction for the Portland-based investment management firm. State Farm Bank F.S.B. was the lender.

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