NorthMarq Capital’s Phoenix office arranges $2.437 million refinance of Greenfield Plaza in Mesa, Arizona
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PHOENIX – James DuMars, managing director/senior vice president of NorthMarq Capital’s Phoenix-based regional office arranged the $2,437,499 refinance of Greenfield Plaza, a 100,339 sq. ft. retail property located at 4410-4446 East University Drive in Mesa, Arizona. The loan was structured with a 7-year interest-only term. NorthMarq arranged financing for the borrower through its relationship with a national bank. Goodwill Industries represent the property’s major tenant.
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, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.Northmarq.com.