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Obra Supplies $31M Refi on Arizona Northrop Grumman-Leased Office Property

Silver Creek Development has secured $31.4 million of bridge debt to refinance a single-tenant office complex in suburban Phoenix, Commercial Observer has learned Obra Real Estate provided the loan fo

Obra Supplies $31M Refi on Arizona Northrop Grumman-Leased Office Property
Photo: Commercial Observer

Summary

Silver Creek Development has secured $31.

4 million of bridge debt to refinance a single-tenant office complex in suburban Phoenix, Commercial Observer has learned Obra Real Estate provided the loan for the developer’s 2021-built office property at 1715 West Elliot Road in Gilbert, Ariz.

The complex is fully leased to Northrop Grumman, a global aerospace and defense […]

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