Retail (MT)
Debt & Equity

NorthMarq Capital arranges $1.75 million acquisition for Tutor Time in Mesa, Ariz.

PHOENIX – James DuMars, senior vice president/managing director of NorthMarq Capital’s Phoenix based regional office arranged the $1.175 million acquisition of Tutor Time, a 10,200 sq.ft. retail center located at 1928 N. Gilbert Road, Mesa, Ariz. Financing was arranged for the borrower by NorthMarq through its relationship with a national bank.

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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Tutor Time
Debt
$1,750,000