June 19, 2017

NorthMarq Capital’s Rochester office arranges $4.5 million refinance for Office Park in Upstate, New York

Office Park

Debt & Equity

Multi-Tenant

ROCHESTER (June 19, 2017) Michael James, vice president of NorthMarq Capital’s Rochester regional office, negotiated the refinance of $4,500,000 for a 72,671 sq. ft. suburban office property located in Upstate, New York. The office park is set up as a modern office building campus with ample parking. A regional bank provided the loan, allowing the borrower to recapitalize the property for a long term.

Available Office properties

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.