April 22, 2015

NorthMarq Capital arranges permanent financing of $15.5 million for Constant Friendship Shopping Center in Abingdon, Maryland

Constant Friendship Shopping Center

Debt & Equity

Multi-Tenant

WASHINGTON, D.C. (April 22, 2015) – Gary McGlynn, senior vice president/managing director of NorthMarq Capital’s Washington, D.C. based regional office arranged permanent financing of $15.5 million for Constant Friendship Shopping Center, a 176,724 sq.ft. retail property located at 3422-3488 Emmorton Road in Abingdon, Maryland. The transaction was structured with long-term financing. The property’s tenants include: DSW, Home Goods, Gabriel Brothers, GNC, Dollar Tree and Hair Cuttery. Constant Friendship is a 100 percent leased retail center strategically located off MD-24, a major thoroughfare running north-south through Harford County, proximate to major commercial arteries such as I-95, US-40 and US-1.

Available Retail (MT) properties

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 and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.