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