Cushman & Wakefield arranges $34M acquisition financing for Scottsdale, Arizona office property

SCOTTSDALE, ARIZ. — Cushman & Wakefield arranged $34 million in acquisition financing for Northsight Corporate Center, a 136,682-square-foot office property in Scottsdale. Completed earlier this year, Northsight Corporate Center features 45,000 square feet of flexible floor space, a 5/1000 parking ratio, electric vehicle charging stations and an on-site restaurant. An investment management company occupies the entire three-story complex. Kristian Brown of Cushman & Wakefield arranged the financing, which consists of a $25 million loan and $9 million in equity, on behalf of the borrower, Northern California-based Vertical Ventures.