Mixed Use - Debt

NorthMarq Capital’s Washington DC office secures permanent financing of $60 million for mixed-use property in Alexandria, Virginia

WASHINGTON DC (November 30, 2017) – NorthMarq Capital’s Washington D.C. regional office, arranged permanent financing of $60 million for a 236,376 sq. ft. mixed-use office/retail complex developed on a 2.05-acre site along Alexandria’s main street, in historic Old Town Alexandria. Tenants are attracted by the property’s three-story atrium lobbies, fitness center, concierge service, 600 space parking structure and computerized energy management system. The office tenants and Alexandria’s residents are served by 46,073 sq. ft. of street-level retail businesses.

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.