NorthMarq Capital’s Washington, D.C. office arranges $22.875 million permanent financing for light-industrial portfolio in Lorton, Virginia

Light-Industrial Portfolio
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WASHINGTON, D.C. (February 24, 2017) – Jason M. Smith, senior vice president/senior director and Gary McGlynn, senior vice president/managing director of NorthMarq Capital’s Washington, D.C.-based regional office, secured permanent financing of $22,875,000 for a 256,500 sq. ft., seven (7) building, light-industrial portfolio located in Lorton, Virginia. The portfolio is strategically located along I-95 within the Newington/Springfield submarket.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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