Industrial - Debt

NorthMarq Capital

NorthMarq Capital’s Washington, D.C. office finalizes $12 million in permanent financing for a four-building industrial portfolio in Dulles, Virginia

WASHINGTON D.C. (November 29, 2018) – NorthMarq Capital’s Washington, D.C. regional office arranged permanent financing of $12 million for a four-building, 193,119 sq. ft. industrial park located in Dulles, Virginia. The property is bounded by Route 28 to the east and Dulles Toll Road to the south and Route 606 to the north. The park is currently 100 percent leased to 11 tenants, featuring a well-diversified rent roll and a manageable lease expiration schedule. The core holding was placed with a major U.S. insurance company who provided twenty-year fixed-rate debt.

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of $13 billion, loan servicing portfolio of more than $57 billion and the multi-year tenure of our more than 500 people.