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For Paragon Plaza
in Phoenix, AZ

Financing Type: Acquisition
Property Type: Office
Term: 10 Years

Transaction Contacts

  • Timothy W. Storey
    Phoenix Office
    (602) 374-2100

  • Michael Heagerty
    San Francisco Office
    (415) 956-7600

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Newmark has arranged permanent financing in the amount of $6,650,000 for a 63,000 square foot multi-tenant office complex ideally located within the 7th Street corridor in the central portion of metropolitan Phoenix. The subject consists of three Spanish-style buildings that feature unique architectural designs including archways, exterior breezeways, balconies and a central courtyard. The property was approximately 92% occupied at the time of close.

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