NorthMarq’s Washington, D.C. office completes a $9.7 million joint venture equity recapitalization in Gainesville, Virginia

Industrial Property
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WASHINGTON, D.C. (March 10, 2020) – The Washington, D.C. office of NorthMarq arranged $9.7 million in joint venture equity from a major insurance company. The investment recapitalizes the equity in a 350,000 square foot industrial property in Gainesville, Virginia.

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.