CBRE|MELODY ARRANGES $6.5 MILLION LOAN FOR OFFICE PROPERTY

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GREELEY, COLO. — CB Richard Ellis|Melody has arranged $6.5 million in permanent financing for the acquisition of Chase Plaza, an office park located in downtown Greeley. Bethesda Real Estate purchased the two-building, 117,879-square-foot property. At the time of acquisition, the property was 96 percent leased. Terms of the financing include 65 percent loan-to-purchase price and 10-year loan term with a 25-year amortization at a fixed-rate of 5.57 percent.

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