Mixed Use - Debt

NorthMarq Capital

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 over 300 mortgage banking professionals in regional offices coast-to-coast and services a loan portfolio of more than $52 billion. In select markets, the company offers multifamily and manufactured housing investment sales through NorthMarq Multifamily. 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. For more information please visit www.northmarq.com.