Office - Debt

NorthMarq Capital’s Washington, D.C. office arranges acquisition financing of $10 million for office portfolio in White Marsh, Maryland

WASHINGTON, D.C. (November 7, 2016) – Jason M. Smith, senior vice president, and Gary McGlynn, senior vice president/managing director of NorthMarq Capital’s Washington, D.C.-based regional office, arranged acquisition financing of $10 million for a 130,036 sq. ft. office portfolio located in White Marsh, Maryland. The portfolio is comprised of five single story office properties that are currently leased to a total of sixteen diverse tenants, including: BB&T, MedStar Health, Ryan Homes and Verizon. The location connects directly to I-95 and provides convenient access to the surrounding areas major thoroughfares, including: I-695, Route 1, Route 40 and Route 43. Financing was sourced from an insurance company relationship NorthMarq has had for over twenty years.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.