Northwestern Mutual Real Estate provides $14.5M Gramercy financing

Northwestern Mutual Real Estate Investments LLC is providing $14.5 million senior mortgage financing for Gramercy Property Trust Inc.

New York City-based Gramercy Property Trust (NYSE: GPT) said Friday the 3.28 percent, five-year, fixed-rate loan is secured by the company’s previously-acquired 540,000-square-foot industrial portfolio in the Indianapolis metropolitan area.

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