James DuMars, svp/managing director of NorthMarq’s Phoenix regional office, arranged first mortgage refinancing of $2.3 million for Sun Valley Plaza, a 94,094 sq. ft. retail center. The property is located at 7246-7340 E. Main Street in Mesa, Ariz. Main Street Antique Mall, Denim & Diamonds and Wild West Mercantile are major tenants at the site. Financing was based on a seven-year term and a 25-year amortization schedule. NorthMarq arranged this financing for the borrower through its relationship with a local bank.
Please follow and like us: