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July 24, 2014

NBS secures $30M for 4th & Pike

Fourth & Pike Building

Jeff Henderson and Zack Goodwin of NBS Financial Services arranged $29.5 million in permanent financing for Fourth & Pike Building, a 10-story 132,000-square-foot building.

Mayfield Cos. of Palo Alto, California, paid $25.2 million in 2008 for the property and renovated it.

Occupancy is now 95 percent.

NBS Financial represented Mayfield and the lender, Redwood Commercial Mortgage Corp. NBS Financial Services is the financing arm of NAI Norris, Beggs & Simpson, a commercial real estate company in Portland.

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