Retail (MT)
Debt & Equity

NorthMarq Capital’s Phoenix office arranges $1.25 million refinance of Cooper Plaza in Gilbert, Arizona

PHOENIX – James DuMars, managing director/senior vice president of NorthMarq Capital’s Phoenix-based regional office arranged the $1.25 million refinance of Cooper Plaza, a 13,336 sq. ft. retail property located at 78 North Cooper Road in Gilbert, Arizona. The loan was structured with a 10-year interest-only term.

NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. Blimpies Sub Sandwiches, Cooper Dentistry, Zynergy Wellness Salon and DePalma’s Martial Arts represent the property’s major tenants. 

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.

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Cooper Plaza
Permanent Loan - Fixed
$1,250,000