NorthMarq's Los Angeles office secures $35 million refinance of Plaza at Gale Ranch in San Ramon, California
LOS ANGELES (February 15, 2017) – Ory Schwartz, senior vice president/managing director of NorthMarq Capital’s Los Angeles-based regional office, arranged the $35 million refinance off Plaza at Gale Ranch, a 122,559 sq. ft. retail property located at 11000-11060 Bollinger Canyon Road in San Ramon, California. The transaction was structured with a fully amortizing 25-year term. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. Safeway represents the property’s major tenant.
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