NORTHMARQ ARRANGES REFINANCING FOR OFFICE PROPERTY

by admin

CORPUS CHRISTI — NorthMarq Capital has arranged first mortgage refinancing for the 72,793-square-foot Sun Plaza Office Building, located at the intersection of Holly Road and South Staples Street in Corpus Christi. The property's tenant roster includes Stewart Title, NRG Energy, AT&T and Falcon Healthcare. Warren Hitchcock of NorthMarq's Houston office arranged the 10-year loan with a 30-year amortization schedule through a CMBS lender on behalf of the borrower, Sun Real Estate LLC.

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