NorthMarq Capital’s Phoenix office negotiates $775,000 refinance of Pollack Professional Plaza in Chandler, Arizona
Pollack Professional Plaza
PHOENIX – James DuMars, managing director/senior vice president of NorthMarq Capital’s Phoenix-based regional office arranged the $775,000 refinance of Pollack Professional Plaza, a 13,100 sq. ft. office property located at 290 South Alma School Road in Chandler, Arizona. The fixed-rate loan (with no prepayment penalty) was structured with a 7-year term and 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a regional bank.
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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.
