NorthMarq Capital’s Washington, D.C. office finalizes $12 million in permanent financing for a four-building industrial portfolio in Dulles, Virginia
Industrial Portfolio
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.
Meet our team
About Northmarq
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.
