NorthMarq Capital closed a $17 million, five-year refinancing deal on an office building in Westbury, N.Y., Commercial Property Executive reports.
Here's what you should know.
1. The office building was completed in 1966, and served as a data center until a 2006 renovation.
2. Meadowbrook Endoscopy Center is the building's flagship tenant.
3. The refinancing will pay off the holding company's existing $17 million mortgage.