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Phillips of Largo completes $33.1 million first mtge. for the 52-acre Northpointe Commerce Park

October 11, 2007 - Financial Digest

25 Northpointe Parkway - Amherst, NY

Jack Phillips

100 Northpointe Parkway - Amherst, NY

Jack Phillips, principal for Largo Real Estate Advisors, Inc. arranged $33.1 million in first mortgage financing for Northpointe Commerce Park. The properties within the 52-acre park consist of 20 to 275 Northpointe Commerce Pwy. Zenith Acquisition recently moved its headquarters into Northpointe.
Phillips secured a 10-year fixed rate loan with a 30-year amortization schedule for the borrower.
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