Mixed Use

NorthMarq Capital’s Washington DC office secures permanent financing of $60 million for mixed-use property in Alexandria, Virginia

WASHINGTON DC (November 30, 2017) – NorthMarq Capital’s Washington D.C. regional office, arranged permanent financing of $60 million for a 236,376 sq. ft. mixed-use office/retail complex developed on a 2.05-acre site along Alexandria’s main street, in historic Old Town Alexandria. Tenants are attracted by the property’s three-story atrium lobbies, fitness center, concierge service, 600 space parking structure and computerized energy management system. The office tenants and Alexandria’s residents are served by 46,073 sq. ft. of street-level retail businesses.

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S, provides debt, equity and commercial loan servicing through offices across the U.S. As a leader in capital solutions through long-term relationships with life companies, CMBS platforms and local, regional and national banks, the company also has a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. The company services a loan portfolio of more than $52 billion and has over 300 loan origination experts in regional offices coast-to-coast. For more information please visit www.northmarq.com.