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