WASHINGTON, D.C. (September 7, 2022) – Gary McGlynn, managing director and Kenneth Gentzel, managing director of Northmarq’s Washington, D.C. debt/equity team, finalized the $14.2 million permanent-fixed loan for Cambridge Office Plaza. The property is made up of 96,759 sq.ft. of rentable office space and is located at 8381 and 8391 Old Courthouse Road in Tyson Corner, Virginia. Northmarq arranged the permanent-fixed rate loan through its relationship with a local bank.
The 3-story office building offers a great location with easy access onto the Capital Beltway and Interstate 267. Additionally, tenants benefit from on-site amenities.