November 12, 2014

Arranges two refinancing placements for two Scottsdale office buildings totaling $29 million

Two Scottsdale Office Buildings

Debt & Equity

Multi-Tenant

PHOENIX – James DuMars, senior vice president/managing director of NorthMarq Capital’s Phoenix based regional office has assisted the Perry family with financing placements on two premier Scottsdale office buildings totaling a combined $29 million. Scottsdale Professional Building contains 76,647 sq.ft. and was constructed in 2004. Scottsdale Executive office Building contains 181,081 sq.ft. and was constructed in 1997. “Thrivent Financial was the lender and offered competitive terms and a borrower friendly execution,” said DuMars, who has personally originated nearly 100 loans with Thrivent over his career for numerous prominent owners in the valley. “Most Thrivent business is repeat,” he added. “Their process is one of the best in terms of early rate lock, competitive terms and execution.” In fact the Perry family had also previously borrowed from Thrivent.

Available Office properties

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.