Industrial

NorthMarq Capital’s Washington, D.C. office arranges permanent financing of $7 million for Rockville, Maryland industrial property

WASHINGTON, D.C. (September 15, 2017) – NorthMarq Capital’s Washington, D.C. regional office arranged permanent financing of $7 million for a 74,748 sq. ft. industrial property located in Rockville, Maryland. The multi-tenant industrial building enjoys excellent access to Gude Drive and MD-355. The property is currently 100 percent leased.

Prominently located on the southeast corner of East Gude Drive and Dover Road, this 74,748 square foot industrial building offers excellent exposure and easy access to I-270, the Intercounty Connector (I-370) and I-495. Ample parking spaces and a 130’ dock loading and spacious staging areas enable the subject property to compete as one of the premier industrial buildings in the area.

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through its 36 offices across the U.S. The company has built long-term relationships with life companies, CMBS platforms and local, regional and national banks, with a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. The company closes approximately $13 billion in commercial real estate loans annually and services a loan portfolio of more than $50 billion. For more information please visit www.northmarq.com.