NorthMarq Capital’s Phoenix office arranges $1.25 million refinance of Dobson Plaza in Chandler, Arizona
PHOENIX – James DuMars, managing director/senior vice president of NorthMarq Capital’s Phoenix-based regional office arranged the $1.25 million refinance of Dobson Plaza, a 26,588 sq. ft. retail property located at 3016 and 3050 North Dobson Road in Chandler, 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.
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