NorthMarq Capital’s Chicago office arranges $8.45 million refinance for Park Lake Center in Naperville, Illinois
Park Lake Center
CHICAGO (July 27, 2016) – Jeff Frankel, senior vice president/senior director of NorthMarq Capital’s Chicago-based regional office, arranged refinancing of $8.45 million for Park Lake Center, a 131,284 sq. ft. office property located in 184 Shuman Blvd, Naperville, Illinois. NorthMarq arranged financing for the borrower through its relationship with a national bank. Park Lake Center is a class “A”, five-story office building owned and managed by PANCOR Construction & Development, LLC.
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