March 13, 2013

NorthMarq Capital arranged $30.355 million mortgage for Bradlick Shopping Center in Annandale, Virginia

Bradlick Shopping Center

Debt & Equity

Multi-Tenant

WASHINGTON, D.C. (March 13, 2013) – Gary McGlynn of NorthMarq’s Washington, D.C. regional office, arranged first mortgage refinancing of $30.355 million for Bradlick Shopping Center, a 144,727 sq. ft. retail property located in the Washington, D.C. suburb of Annandale, Virginia. Anchored by Giant Food, the Center has historically maintained high occupancy and is currently 100 percent leased. The Center includes a strong mix of national, regional and local credit tenants, and most tenants’ sales have been trending upwards for several years. NorthMarq arranged this financing for the borrower through its relationship with a correspondent life company lender.

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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, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.Northmarq.com.

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