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DeVinney of NorthMarq arranges $3.5 million mortgage refinance

Coraopolis, PA - 2013-10-29

Scott DeVinney, vice president of NorthMarq's Rochester regional office, arranged first mortgage refinancing of $3.5 million for Edgetowne Sq., a 53,420 s/f, multiple-story, suburban office building located at 1005 Beaver Grade Rd. Centria is a major tenant at the site. Financing was based on a 15-year term and a 15-year amortization schedule and was arranged for the borrower, Edgetowne Partners, through NorthMarq's relationship with a correspondent life company lender.

"This property is located in a growing office market located near Pittsburgh's airport," DeVinney said.



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Edgetowne Square, 1005 Beaver Grade Road - Coraopolis, PA


Scott DeVinney, NorthMarq



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