March 17, 2016

NorthMarq Capital’s Washington, D.C. office arranges joint venture equity financing of $6.6 million for Atrium at Worldgate in Herndon, Virginia

Atrium at Worldgate/Equity Placement

Debt & Equity

Multi-Tenant

WASHINGTON, D.C. (March 17, 2016) – Gary McGlynn, senior vice president/co-managing director and Kenneth Gentzel, senior vice president/co-managing director of NorthMarq Capital’s Washington, D.C. based regional office, arranged joint venture equity financing of $6.6 million for Atrium at Worldgate, an institutional quality 130,000 sq. ft., class “A” office building consisting of four stories located at 205 Van Buren Street in Herndon, Virginia. The building was constructed in 1987 with renovations in 2005 and 2014. Atrium at Worldgate provides high quality office space in a location that should strongly benefit from the extension of D.C. Metro’s Silver Line.

Available Office 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.