NORTHMARQ CAPITAL NEGOTIATES $6.5M MORTGAGE FOR BASIN PARK

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PERINTON, N.Y. –– NorthMarq Capital has arranged a $6.5 million mortgage for Basin Park, a 14,513-square-foot office property located at 1150-1160 Pittsford Victor Road. Michael James of NorthMarq’s upstate New York office arranged the financing through NorthMarq’s correspondent relationship with Sun Life Assurance Co. of Canada. Financing was based on a 10-year term with a 20-year amortization schedule.

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