GREENWAY PLAZA IN PHOENIX RECEIVES $3M IN ACQUISITION FINANCING

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PHOENIX — Greenway Plaza, a 66,678-square-foot retail property in Phoenix, has received $3 million in acquisition financing. The plaza is located at 1849-1855 W. Greenway Plaza. It contains three retail buildings that were constructed in 2000. Financing was based on a three-year term and 20-year amortization schedule. It was arranged by John M. Stewart of NorthMarq Capital’s Denver office through the firm’s relationship with a regional bank. The borrower was not named.

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