SEATTLE—NBS Financial Services associate vice president Jeff Henderson and associate finance officer Zack Goodwin have secured $29.5 million in permanent financing for the Fourth & Pike Building, a 132,326 gross sf office building located in the heart of Seattle's central business district. NBS Financial represented both the lender, Redwood Commercial Mortgage Corporation, as well as the borrower, Mayfield Management Company.
The Fourth & Pike building was purchased in 2008, and after undergoing major renovations, is now 95% occupied.
“Mayfield Management Company's high quality repositioning efforts and prime location garnered considerable interest,” Henderson said, “and Redwood Commercial Mortgage Corporation proved to be the best fit for the borrower's goal.”
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
