NorthMarq Capital’s Washington, D.C. office completes $20.5 million in permanent financing for Gainesville Business Park in Virginia
Gainesville Business Park
WASHINGTON, D.C. (March 21, 2016) – Gary McGlynn, senior vice president/co-managing director of NorthMarq Capital’s Washington, D.C. based regional office arranged permanent financing of $20.5 million for Gainesville Business Park, a 365,110 sq. ft. industrial property located at 7350 Gallaher Road and 14251 John Marshall Highway in Gainesville, Virginia. The property contains six buildings and is currently 93.5 percent leased to a diversified tenant roster. The property is located 15 miles north of the Washington Dulles International Airport.
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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.
