February 24, 2017

NorthMarq Capital’s Washington, D.C. office arranges permanent financing of $14.5 million for retail property in Leesburg, Virginia

Shopping Center

Debt & Equity

Multi-Tenant

WASHINGTON, D.C. (February 24, 2017) – Matthew Kohlhoss, senior vice president/senior director of NorthMarq Capital’s Washington, D.C.-based regional office, arranged permanent financing of $14.5 million for a 61,839 sq. ft. retail property located in Leesburg, Virginia. The neighborhood shopping center is located proximate to downtown Leesburg, which is the county seat of Loudoun County, the wealthiest county in the United States. The subject is 97 percent leased and has maintained strong occupancy throughout its history. While there are no anchors at the property, there are a number of national retailers, including: Starbucks, Dunkin’ Donuts, Urban Mattress, Red, Hot and Blue and Papa John’s.

Available Retail (MT) properties

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.