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.
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