Industrial - Debt

NorthMarq’s Washington, D.C. office arranges $30 million permanent loan for industrial property in Washington, D.C.

WASHINGTON, D.C. (October 30, 2019) – NorthMarq’s Washington, D.C. debt/equity team collaborated to arrange a $30 million permanent loan for a 275,000 sq. ft. industrial property located in Washington, D.C. 

The fully leased property is an ideal location for industrial tenants. Major transportation arteries New York Avenue NE (Route 50), Route 1 and Alt Route 1, Baltimore Washington Parkway and the Capital Beltway (I-495) provide convenient access to Washington, DC, Maryland and Virginia markets. 

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 more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.