Mixed Use - Sale

NorthMarq Capital

NorthMarq Capital brokers the sale and acquisition of Manchester Park for $5.5 million in Richmond, Virginia

RICHMOND (July 24, 2018) – Mike Lowry, senior vice president of NorthMarq Capital’s Richmond regional office brokered the sale and acquisition of Manchester Park, a 24 unit, mixed-use project located in the historic Manchester district of Richmond, Virginia for $5,500,000. Rapid access is easy to the financial district, state and city government, VCU’s Academic and Health System campuses. The seller was a local partnership and the buyer was a local investor.

 

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 $55 billion and the multi-year tenure of our more than 500 people.