Senior Vice President Wally Harding has arranged $4.7 million in refinancing for NTP Distribution, a 108,825 sf warehouse/distribution facility in Wilsonville, Oregon. Lender StanCorp Mortgage Investors provided a long-term, fixed-rate mortgage at a low rate.
NTP Distribution is an after-market provider of products, parts and accessories for dealers in the recreational vehicle (RV) and hitch and tow industries. The Wilsonville facility, at 27150 SW Kinsman Road, is its national corporate headquarters and a major distribution center.
Wilsonville, about 20 miles south of Portland, is a highly desirable growing location for industrial space users due to its close proximity to I-5, Harding said.