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DENVER-The 23-story, 266-unit Union Plaza condominium tower and adjoining seven-story 130,000 sf office and retail tower in the heart of the Denver Tech Center has been financed for $72 million. Gordon Mickelson, senior director of NorthMarq Capital’s Denver office, arranged the financing for the borrower, SHLP Union Plaza, LLC, an affiliate of Denver-based Simpson Housing Limited Partnership.

The development is the largest class-A project of its kind underway in the Tech Center, the premier office park along the southeast corridor.

A national real estate investment banker providing financing for commercial real estate including office, retail, industrial, multi-family and assisted living development, NorthMarq services a portfolio of $10.5 billion on behalf of 50 institutional investors. The company is headquartered in Minneapolis.

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