NorthMarq Capital’s Washington, D.C. office arranges $75 million permanent financing for two Washington, D.C. office buildings
Office Buildings
WASHINGTON, D.C. (October 2, 2017) – NorthMarq Capital’s Washington, D.C. office arranged $75 million in permanent financing for 1001 Connecticut Avenue NW and 1701 K Street NW with a combined sq. ft. of 220,000. Both properties are 12-story, Class “B” multi-tenant office buildings in Washington, D.C.
Tenancy among both buildings consists of a mix of law firms, professional associations, institutions, national and local government agencies, national and local retailers, non-profits, medical practitioners and other varied business organizations.
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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.
