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 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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.
