NorthMarq’s Washington, D.C. office secures refinancing of $34 million for retail property in Fairfax County, Virginia
WASHINGTON, D.C. (July 30, 2019) – NorthMarq’s Washington, D.C. regional office collaborated on the placement of $34,000,000 in refinancing for a 124,000 square foot, neighborhood shopping center located in Fairfax County, Virginia. The class A asset is anchored by Aldi Foods, CVS and other national and regional credits. The subject tenancy, historical occupancy and visibility enabled the NorthMarq team to secure very competitive terms for the ownership.
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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.