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