NorthMarq Capital’s Phoenix office negotiates acquisition financing of $1.007 million for Big O Tires property
Big O Tires
PHOENIX – NorthMarq Capital’s Phoenix regional office arranged acquisition financing of $1,007,500 for a 4,767 sq. ft. Big O Tires property located at 540 E. Wickenburg Way in Phoenix, Arizona. The transaction was structured with a 10-year term and 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a local bank.
About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.