NAPERVILLE, IL.–A joint venture between investment firm Pearlmark Real Estate Partners LLC and private equity firm TriGate Capital LLC has refinanced a $24 million loan for the Naperville Corporate Center here.
Bradford Allen Capital’s Anthony Giannini, senior vice president, arranged the first mortgage refinancing for the four building, 420,391-square-foot office complex. Giannini placed this loan on behalf of EquiTrust Life Insurance Co.
The Naperville Corporate Center was constructed from 1982 through 1992 and is situated just west of Naperville Road with immediate access to Interstate 88. Large tenants include Infogix, the Trizetto Group and Receivables Management Services.
TriGate was part of a venture that secured almost $32 million in financing for the complex in mid-2010. The multitenant building also saw a $2.7 million renovation in 2009.
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