SEATTLE (December 29, 2014) – Stuart Oswald, senior vice president/managing director of NorthMarq Capital’s Seattle based regional office negotiated the $16.5 million fixed rate, cash-out refinance of The Decatur Building, a 111,419 sq. ft. mixed-use property located at 1511 6th Avenue in Seattle, Washington. The transaction was structured with a 10-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. Major office tenants include Synapse and Alibaba. Major retail tenants include Mario’s, Morton’s of Chicago and Bocz Salon.