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
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.
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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
