Industrial - Debt

NorthMarq's Washington, D.C. office arranges acquisition financing of $50.5 million for industrial property in Richmond, Virginia

WASHINGTON, D.C. (January 21, 2020) – NorthMarq’s Washington, D.C.-based regional office secured acquisition financing of $50.5 million for a 923,400 sq. ft. industrial property located in Richmond, Virginia. NorthMarq arranged the permanent-fixed loan for the borrower through its relationship wtih a life insurance company. 

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 $16 billion, loan servicing portfolio of more than $65 billion and the multi-year tenure of our nearly 600 people.