NorthMarq Capital’s Washington, D.C. office finalizes $10.5 million in permanent financing for Centerpark II in Calverton, Maryland
Centerpark II
WASHINGTON, D.C. (February 12, 2016) – Jason Smith, senior vice president of NorthMarq Capital’s Washington, D.C. based regional office arranged permanent financing of $10.5 million for Centerpark II, a “best-in-class” mid-rise, multi-tenant office property containing 121,674 sq. ft. and located at 4601 Powder Mill Road in Calverton, Maryland.
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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.
